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ONIC Golden Oaks LLC acquires the Golden Oaks apartments from Golden Oaks AffordablewPartners Ltd. and Golden Oaks of Floridsa LPMay 18, according to Orange County records. Real Estatse Investment Services Orlando agentsa Patrick Skinner andKevin Yaryan, along with Washington agents Armand Robert Sheppard and Spencer Hurst, represented he while Tiberio, Sheppard and Hurst also representeds ONIC Golden Oaks. Orlando Neighborhood secured a $3.
7 milliohn first mortgage through Seattle-based , a delegated underwritinb and servicing lender, accordingh to a news It alsoreceived $1 million in federal housinbg funds from the Orange County Housing and Communit Development Division plus additional money from NeighborWorks/E-America, a network of nonprofit organizations promoting homeownershil and neighborhood revitalization, the releasee said. Orlando Neighborhood expects tospend $1 million improving Goldeb Oaks, which was built in 1993, the releasee said. Lane Management LLC, the property management arm of Atlanta-base d Lane Co., will handle leasinyg and property management. The Orlandop Neighborhood Improvement Corp.
is a nonprofit developer and ownere of affordableand mixed-income housing properties in Centralp Florida. The organization has developedor co-developed 2,592 housing units and has 1,21t in its portfolio.
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