Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Florida & Gulf Coast  + Apartments  | 

Berkadia Secures $50M Acquisition Loan for Orlando Apartment Community

Berkadia has secured a $49 million acquisition loan for Montevista at Windermere, a 360-unit, value-add apartment community in Orlando.

Located at 6421 Conroy Road, the community was built in 1989 and features a mix of townhome-style units with one- and two-bedroom floor plans ranging from 550 square feet to 1,145 square feet. Individual apartments feature vaulted ceilings, oversized windows, French doors to screened-in patios/balconies, walk-in closets and fireplaces. Select renovated units also feature new stainless steel appliances, quartz countertops and faux-wood flooring. Amenities include a resort-style pool with cabanas, raised wood poolside sundecks, fitness center, poolside clubhouse with fireplace, lighted tennis courts, bark park with agility equipment, car care center, barbecue area and fire pit.

Mitch Sinberg and Matt Robbins of Berkadia’s Boca Raton office secured the financing on behalf of global real estate private equity firm Taurus Investment Holdings LLC. Berkadia originated, and Freddie Mac purchased, the 10-year, floating-rate loan with five years of interest-only payments and a 75% loan to value.

Subscribe to Connect Daily National

For comments, questions or concerns, please contact David Cohen


Inside The Story

Connect With Berkadia’s SinbergConnect With Taurus Investment Holdings

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

New call-to-action
New call-to-action