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ONIC Golden Oaks LLC acquired the Golde Oaks apartments from Golden Oaks AffordablerPartners Ltd. and Golden Oaks of Florida LP May 18, accordint to Orange County records. Real Estatee Investment Services Orlando agents Patrickk Skinner andKevin Yaryan, alonhg with Washington agents Armand Tiberio, Robert Sheppard and Spencer Hurst, represented he seller, while Sheppard and Hurst also represented ONIC Goldebn Oaks. Orlando Neighborhood secured a $3.
7 million first mortgage through Seattle-based , a delegated underwriting andservicing lender, according to a news It also received $1 million in federa housing funds from the Orange County Housinyg and Community Development Division plus additionalo money from NeighborWorks/E-America, a network of nonprofig organizations promoting homeownership and neighborhood the release said. Orlando Neighborhood expects tospendd $1 million improving Golden Oaks, which was built in 1993, the releasde said. Lane Management LLC, the property management arm of Atlanta-based Lane Co., will handld leasing and property management. The Orlandoo Neighborhood Improvement Corp.
is a nonprofit developer and owned of affordableand mixed-income housinfg properties in Central Florida. The organization has developefor co-developed 2,592 housing unitas and has 1,215 in its
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