Multifamily news in Orlando
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Affordable FL Community Lands $7M Financing
Walker & Dunlop arranged a 35-year loan for William Booth Towers, a 168-unit, age-restricted property west of Orlando’s central business district.
21 June 2017 19:45 -
Marcus & Millichap Leads Orlando Community Sale
The company worked on behalf of the seller, an Orlando-based private group, for the 80-unit property sale. The community was 97.5 percent occupied as of May.
20 June 2017 14:56 -
Investcorp, TruAmerica Buy $98M Orlando Portfolio
The JV acquired a 708-unit, two-property portfolio and plans an extensive value-add renovation program for both communities.
06 June 2017 14:06 -
Avesta Nabs Orlando Portfolio for $32M
As part of the firm's strategy, Avesta has commenced a $5 million renovation program to modernize the interior units and upgrade the exterior aesthetics of its latest acquisition.
25 May 2017 15:38 -
PASSCO Acquires Space Coast Property
The company intends to initiate an array of capital improvements at the Class A property, which it purchased from Flournoy Cos. KeyBank Real Estate Capital’s Commercial Mortgage Group arranged acquisition financing for Passco Cos. through Fannie Mae.
22 May 2017 14:49 -
Luxury Community Breaks Ground in Orlando
Wood Partners' Alta Grande community will be located at the intersection of Orlando’s Tourism Corridor and its largest suburban office submarket. Leasing will begin in spring 2018.
16 May 2017 16:16 -
Central Florida Community Trades for $24M
Dominium has renamed its new acquisition Della Vita Apartments and plans significant upgrades to the property, which is located in Winter Haven, Fla.
05 May 2017 17:52 -
Tourism Sparks Orlando’s Boom
The city's multifamily market is expanding rapidly as a result of its strengthening economic fundamentals. Its increasing population and employment make it one of the country’s fastest-growing cities.
02 May 2017 13:44 -
Pollack Shores Begins Construction on FL Luxury Community
The 238,000-square-foot development will comprise three buildings encompassing 237 apartments. The project is set for completion in 15 months.
21 April 2017 15:10 -
Orlando Apartments Change Hands for $22M
Dominium Management Services procured the 304-unit community from Fieldstone Properties. The company plans to do a "significant" rehab on the amenities.
13 April 2017 14:54 -
On the Market: 5 Interesting Listings for the Week of 4/3
This week's assets include two student housing properties: a 528-bed community with a pool located less than half a mile from Georgia Southern University and a sleek 2017-built property near the University of Texas in Austin.
07 April 2017 14:37 -
Dominium Expands Orlando Presence
The Minneapolis-based developer has acquired the 120-unit Chelsea Park Apartments, with plans to renovate the community and upgrade its amenities.
06 April 2017 14:55 -
On the Market: 5 Interesting Listings for the Week of 3/27
This week's listings feature a property located two miles from the Las Vegas Strip and a luxury community in the growing Augusta, Ga.
31 March 2017 14:06 -
Robbins Electra Adds 3 New Assets to Southeast Portfolio
The company plans to make upgrades to the properties, which total 898 units located in Georgia and Florida.
03 March 2017 15:54 -
CBRE Arranges $36.1M Financing for Unicorp
The 258-unit Zen Living community is more than 75 percent leased.
02 March 2017 15:41