Orlando
Panama City-Area Community Lands $5M Refi
Arbor Realty Trust provided the CMBS loan for the property, which is located at 905 W. 26th St., and features 76,417 rentable square feet.
Ability Housing Breaks Ground on Orlando Affordable Property
Village on Mercy includes 166 units and will be restricted to residents earning 60 percent or less of the area’s median income. Construction is expected to take 18 months.
LeCesse Begins 2nd Phase of Orlando Development
The 312-unit BellaNova at JubiLee Park, located about two miles from the city’s airport, is anticipated to open in the summer of 2019.
JV Nabs 300-Unit Orlando Property
Robbins Property Associates and LEM acquired Art Avenue, which spreads across 11 buildings and features a business center, a swimming pool and 350 parking spaces.
Berkadia Arranges $74M for 2 FL Communities
The firm secured $34.5 million for The Queue Apartments in Fort Lauderdale and $39.5 million for Advenir at the Oaks in Ocoee.
Orlando Community Lands $40M Refi
Built in two phases from 1989 to 1991, Advenir at The Oaks features one-, two- and three-bedroom apartments and a total of 373,328 rentable square feet.
On the Market: 5 Interesting Listings for the Week of 2/19
This week’s listings include two recently constructed properties in Florida and a condominium offering in Vineland, N.J., which has seen historically high occupancy rates since its delivery.
Cortland Partners Nabs Orlando Property for $59M
Situated in one of the city’s fastest-growing submarkets, the 288-unit asset is LEED-certified and was recently rebranded.
Orlando Closes the Year in Style
As population gains further bolster demand, multifamily rents are prone to above-trend growth in the foreseeable future.
ZOM Living to Develop Ft. Lauderdale Community
The developer will break ground on Las Olas Walk, two eight-story luxury apartment buildings on a 3.2-acre parcel.