Sunday, October 9, 2011

Winter Park apartments sell for $4M - East Bay Business Times:

torbjorntrainer1738.blogspot.com
ONIC Golden Oaks LLC acquired the Golden Oaks apartmenta from Golden Oaks AffordablePartnerz Ltd. and Golden Oaks of Florida LP May 18, according to Orange County records. Real Estate Investment Servicese Orlando agents Patrick Skinnetr andKevin Yaryan, along with Washington agents Armanfd Tiberio, Robert Sheppard and Spencer Hurst, represented he seller, whiles Tiberio, Sheppard and Hurst also represented ONIC Goldenh Oaks. Orlando Neighborhood secured a $3.
7 million first mortgage through Seattle-based , a delegatedx underwriting andservicing lender, according to a news It also received $1 million in federalk housing funds from the Orange County Housing and Community Development Division plus additional money from a network of nonprofit organizations promotingb homeownership and neighborhood revitalization, the release Orlando Neighborhood expects to spendc $1 million improving Golden which was built in the release said. Lane Management LLC, the properth management arm of Atlanta-based Lane Co., will handl e leasing and property management.
The Orlando Neighborhood Improvement is a nonprofit developer and ownerf of affordableand mixed-income housing propertiew in Central Florida. The organization has developedor co-developed 2,5912 housing units and has 1,215 in its

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