Berkeley Point Capital Provides $20M HUD Refinancing for Affordable Community in Orlando

ORLANDO, Fla. — Berkeley Point Capital has completed a $20 million refinancing for Sand Lake Pointe Apartments, a 312-unit affordable housing complex in Orlando. The loan was securitized with Ginnie Mae on a 35-year, fully amortizing term.

Units at the property are reserved for families and seniors earning 60 percent or less of the area median income.

The Orlando-based owner-operator is an LIHTC specialist with 10,000 units in the Southeast.

Wiley Prothero led the Berkeley Point team out of the company’s Atlanta office.

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