Orlando
Construction Complete for Orlando Luxury Community
LeCesse Development Corp. broke ground on the 300-unit project in April 2018 using more than $40 million in financing.
Orlando Affordable Community Opens
The property’s 166 units cater to residents earning 60 percent or less of the area’s median income and to formerly homeless households.
Sonata Senior Living Adds Luxury Community to Portfolio
Providence One Partners completed the 128-unit assisted living and memory care facility in Kissimmee, Fla., in 2018.
Berkadia Arranges $49M Orlando Community Sale
The company’s Cole Whitaker and Mary Beale worked on behalf of seller Aspen Square Management in the disposition of the 278-unit suburban asset.
FCP Expands Orlando Footprint With $25M Buy
The company’s purchase of the 208-unit suburban community brings its Florida holdings to more than 2,700 units.
Luxury Community Coming to Orlando’s MetroWest
RISE: A Real Estate Co. has broken ground on the 442-unit West Vue, the area’s first multifamily development in more than a decade.
Orlando-Area Rental Property Scores $53M Refi
SouthStar Properties acquired the 468-unit community in Clermont, Fla., in 2016 and plans to make further capital improvements.
Northland Scores $76M Refi for Orlando Community
PCCP LLC provided the loan for Paramount on Lake Eola, a 16-story downtown property.
Orlando Community Lands $23M Recap
Berkadia secured a 10-year, fixed-rate loan for the 172-unit garden-style property in the Engelwood Park submarket.
Orlando Multifamily Report – Summer 2019
Boosted by gains in well-paying employment sectors and the evergreen appeal of the area’s touristic attractions, Central Florida’s rental market remains a safe bet.