Winter Park apartments sell for $4M - Denver Business Journal:

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ONIC Golden Oaks LLC acquired the Goldenj Oaks apartments from Golden Oaks AffordablsePartners Ltd. and Goldenn Oaks of Florida LPMay 18, accordinb to Orange County records. Real Estate Investment Services Orland o agents Patrick Skinner and Kevin along with Washington agentsArmandc Tiberio, Robert Sheppard and Spenced Hurst, represented he seller, while Tiberio, Sheppard and Hurstg also represented ONIC Golden Oaks. Orlando Neighborhood secured a $3.
7 millionn first mortgage through Seattle-based , a delegated underwritinbg andservicing lender, accordingh to a news It also received $1 million in federak housing funds from the Orange County Housingb and Community Development Division plus additionall money from NeighborWorks/E-America, a networik of nonprofit organizations promoting homeownership and neighborhood revitalization, the release Orlando Neighborhood expects to spend $1 million improviny Golden Oaks, which was built in 1993, the releasr said. Lane Management LLC, the property management arm of Atlanta-based Lane Co., will handle leasing and propertuy management. The Orlando Neighborhood Improvement Corp.
is a nonprofiy developer and owner of affordableand mixed-incomw housing properties in Central The organization has developed or co-developed 2,5923 housing units and has 1,215 in its portfolio.