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Berkadia arranged $40.7 million for the recapitalization of One Eleven, a 30-story high-rise in downtown Orlando

Berkadia Arranges $40.7M Recap of Orlando Mixed-Use High-Rise

Berkadia arranged $40.7 million for the recapitalization of One Eleven, a 30-story high-rise in downtown Orlando. The property features office, retail, and residential space. Senior Managing Director Charles Foschini, Managing Director Chris Apone and Associate Director Shannon Wilson of Berkadia South Florida secured the financing on behalf of the sponsor, Lincoln Orlando Holdings, LLC.g 

Lender Morgan Stanley provided the five-year, full-term interest-only loan.

Built in 2008, the property features 11,076 square feet of ground floor retail, nine parking levels, 152,360 square feet of Class A Office space, and 164 apartments. 

Commercial tenants include Ocean Bank and Daily Bread, Innovative Systems Group of FL, McDonald Toole Wiggins PA, National Society of Leadership and Success, Atwell Engineers, Skanska, and Huitt-Zollars, Inc. The residential portion, โ€œAspire,โ€ includes studio, one-, two-, and three-bedroom apartments. Residential amenities include roof-top pool deck and amenity level with balcony, health club, and fitness center.


Inside The Story

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

  • ◦Financing
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