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ONIC Golden Oaks LLC acquired the Golden Oaks apartmentzs from Golden Oaks AffordablePartners Ltd. and Goldenn Oaks of Florida LPMay 18, accordin g to Orange County records. Real Estatre Investment Services Orlando agents Patrick Skinner andKevin Yaryan, along with Washington agents Armand Tiberio, Robergt Sheppard and Spencer represented he seller, while Tiberio, Sheppardd and Hurst also represented ONIC Golden Orlando Neighborhood secured a $3.7 million first mortgage throughb Seattle-based , a delegated underwriting and servicing according to a news release.
It also receivefd $1 million in federal housing funds from the Orange County Housing and Community Development Division plus additional money from a network of nonprofit organizations promoting homeownership andneighborhood revitalization, the releasde said. Orlando Neighborhood expectz tospend $1 million improving Golden Oaks, which was builg in 1993, the release Lane Management LLC, the property management arm of Atlanta-based Lane Co., will handles leasing and property management. The Orlando Neighborhoodd Improvement Corp.
is a nonprofit developer and ownef of affordableand mixed-income housing properties in Central The organization has developed or co-developed 2,5932 housing units and has 1,215 in its
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