Orlando
Job Growth Boosts Orlando
Sustained by exceptional employment and population gains, the metro’s multifamily rents continue to rise, pushing low- and middle-income residents to the suburbs.
Leasing Underway at FL Live-Work-Play Community
Allen Morris Co.’s Maitland City Centre includes 244 units and 10 offices, as well as an outdoor yoga area, a wet bar and a rooftop dog run.
Marcus & Millichap Brokers Sale of New FL Asset
The Alexander at Sabal Point is a 286-unit multifamily property in the Sabal Point community of Longwood. Casey Babb worked on behalf of the buyer in this deal.
ARA Newmark Facilitates Orlando Luxury Asset Transaction
Director Scott Ramey, together with Executive Managing Directors Patrick Dufour and Kevin Judd, arranged the sale of Axis West, a new 268-unit community.
CBRE Brokers $65M Sale of Orlando Luxury Asset
Shelton Granade, Luke Wickham and Justin Basquill arranged the sale of the 314-unit community. The team acted on behalf of Trammell Crow Residential, owner and project developer of the property.
HFF Hires New Senior Director in Orlando
With more than 10 years of industry experience, Brett Moss returns to HFF, where he will focus on multi-housing investment clients in Central and North Florida.
SR Apartments Sells Orlando Asset for $17M
CaSienna Apartments was built between 1972 and 1973 and includes 160 units. Franklin Street arranged the transaction.
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.