Orlando
Top Multifamily Completions in Orlando
The metro added more than 7,600 units to its inventory during the 12 months ending in March, with mixed-use communities with retail components leading the way, according to Yardi Matrix.
CGI Strategies Buys Orlando-Area Community
Dekel Capital worked on behalf of the buyer to facilitate a $47.5 million bridge loan for the acquisition, renovation and stabilization of the vacant, 306-unit Astoria at Celebration, located in Celebration.
North FL Community Sells for $54M
Newmark Knight Frank originated nearly $38 million in Freddie Mac acquisition financing for TruAmerica Multifamily, the buyer of the 272-unit Class A asset.
Franklin Street to Manage $105M Student Housing Tower
UnionWest at Creative Village is an Orlando mixed-use property that will serve students from the University of Central Florida and Valencia College.
CGI Strategies Acquires Orlando Community for $43M
The company will renovate and rebrand the 306-unit property, which was ordered vacated in 2017 after construction defects were discovered.
Central Florida Apartments Command $50M
Cushman & Wakefield facilitated a deal for a 12-building, 383,212-square-foot community in Lakeland, halfway between Orlando and Tampa.
TruAmerica Multifamily Pays $64M for Orlando Asset
Island Club is a 472-unit gated community located 10 minutes from downtown and close to major employers in the city, including Universal Orlando Resort.
RKW Residential Grows FL Presence, Welcomes New Addition
Lizzette Herron will serve as senior regional manager in the company’s Orlando office, bringing more than two decades of multifamily experience to her new position.
Top 10 Florida Multifamily Completions in 2018
Almost 33,000 units were added to Florida’s multifamily markets last year, 1,300 more than the year before, with major developments completed in each of the state’s key metro areas.
$60M Financing Secured for Orlando Apartments
HFF arranged the loan on behalf of the developer, a partnership between Sumitomo Corporation of Americas, FINFROCK and OneEleven Residential.