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EverWest purchased the property and secured a long-term lease agreement with the laminating, coating and metallizing technology at the building located at 12 Daniel Road.
The financing will help fund continued improvements at the 313-unit, 16-story Downtown Orlando multifamily property that also features 45,510 square feet of retail space anchored by a Publix supermarket.
Zach Aarons, MetaProp's co-founder and partner, advises investors to look for companies that solve problems in a variety of different ways with the end goal to ultimately make processes more efficient.
The 184,000-square-foot mixed-use property sits on the southeast corner of East 48th Street and Fifth Avenue in Manhattan and is the firm's largest transaction to date.