Kimco Realty Acquires Waterford Lakes Town Center In Orlando, Florida For $322M, Including Assumption Of $164M Mortgage
Portfolio Pulse from Benzinga Newsdesk
Kimco Realty has acquired Waterford Lakes Town Center in Orlando, Florida for $322 million, including the assumption of a $164 million mortgage. The property is nearly fully occupied with a diverse tenant mix.
October 01, 2024 | 8:39 pm
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POSITIVE IMPACT
Kimco Realty's acquisition of Waterford Lakes Town Center for $322M, including a $164M mortgage, enhances its portfolio with a nearly fully occupied property featuring a diverse tenant mix.
The acquisition of a high-occupancy property with a strong tenant mix is likely to positively impact Kimco Realty's financial performance and asset portfolio, potentially leading to a positive short-term stock price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100