{"id":85633,"date":"2025-12-16T19:11:08","date_gmt":"2025-12-16T19:11:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/85633\/"},"modified":"2025-12-16T19:11:08","modified_gmt":"2025-12-16T19:11:08","slug":"berkadia-arranges-66-8m-loan-on-300-unit-art-avenue-apartment-homes-in-orlando","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/85633\/","title":{"rendered":"Berkadia Arranges $66.8M Loan on 300-unit Art Avenue Apartment Homes in Orlando"},"content":{"rendered":"

\"Art<\/a>The 2014-built gated community, located on 17 acres at 10201 Lee Vista Boulevard, offers modern one-, two-, and three-bedroom floor plans up to 1,337 square feet.<\/p>\n

Berkadia<\/a>, a distinguished leader in the commercial real estate sector, announces that it has arranged a $66.8 million loan to refinance Art Avenue Apartment Homes<\/a>, a 300-unit, Class A garden-style multifamily apartment community located in the Vista East neighborhood of Orlando, Florida.<\/p>\n

Senior Managing Director Mitch Sinberg and Managing Directors Matt Robbins, Scott Wadler and Brad Williamson of Berkadia Boca Raton and Miami secured the financing on behalf of the property ownership.<\/p>\n

\u201cOrlando continues to distinguish itself as one of the most resilient multifamily markets in the Southeast,\u201d said Robbins. \u201cStrong population growth, deep employment drivers, and a broadening renter base are fueling steady demand for high-quality assets like Art Avenue. This refinancing positions the sponsor to capitalize on the next leg of the cycle while preserving flexibility in a competitive capital-markets environment.\u201d<\/p>\n

Lender Starwood provided the three-year loan with two one-year extension options. The financing structure also includes a $3 million future-funding component to support the sponsor\u2019s capital-expenditure plan and further enhance the property\u2019s ability to capture already-demonstrated rent premiums.<\/p>\n

Individual units at Art Avenue Apartment Homes feature distinct open floor plans with interior features including garden-style soaking tubs, wood plank flooring throughout, and in-unit washer and dryer. Select units offer stainless steel appliance packages, custom countertops, large island bars, tile backsplash and spacious patios.<\/p>\n

Community amenities include a resort-style saltwater swimming pool; clubhouse with caf\u00e9 and coffee bar; state-of the-art fitness center with spin room; new 24-hour package center; dog park and pet spa; access to garages and storage units; and lakeside walking trail.<\/p>\n

Situated near major transit routes, including SR-417, SR-528 and the Orlando International Airport, Art Avenue provides convenient access to local business hubs, the University of Central Florida, Lake Nona Medical City, and Orlando\u2019s major theme park resorts.<\/p>\n

<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"The 2014-built gated community, located on 17 acres at 10201 Lee Vista Boulevard, offers modern one-, two-, and…\n","protected":false},"author":2,"featured_media":85634,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[26017,46875,26018,21125,28,21128,21129,17016,115,139,1611,141,140,46876,42805],"class_list":["post-85633","post","type-post","status-publish","format-standard","has-post-thumbnail","category-orlando","tag-berkadia","tag-capital-markets","tag-class-a","tag-deal-boom","tag-florida","tag-garden-style","tag-gated-community","tag-multifamily","tag-news","tag-orlando","tag-orlando-florida","tag-orlando-headlines","tag-orlando-news","tag-refinancing","tag-resort-style"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/85633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=85633"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/85633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/85634"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=85633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=85633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=85633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}