Orlando
TruAmerica Nabs Orlando Asset for $53M
McDowell Properties sold the 362-unit gated community. The new owner plans to renovate the building.
Top 10 Orlando Apartment Owners
The city has a thriving market, thanks in part to an expanding young workforce. However, the metro still faces a shortage of affordable units, a growing concern for lower-paid
workers.
CGI Strategies Acquires FL Asset
The company snagged the property, located in Kissimmee, for $25.8 million. Cane Island, which includes 166 units, was 98 percent leased at the time of the sale.
Starwood to Buy $600M FL Affordable Housing Portfolio
The company plans to acquire some 6,185 units through this deal. Due to timing of regulatory approvals and the assumption of in-place financing, the transaction is expected to close in phases.
Keys to a Successful Development Strategy
BTI Managing Partner Noah Breakstone reveals how the company finds financing for its developments in Florida and the southeastern United States, and what he expects from the year ahead.
Starwood Capital Sells 432-Unit Orlando Community
CBRE arranged the sale of Winter Park Commons, a 428,432-square-foot property featuring three swimming pools and 850 covered parking spots.
$9M Affordable Conversion Breaks Ground in FL
The $8.8 million renovation of the Wayne Densch Center located in Orlando will transform 64 units of transitional housing to 77 high-quality apartments.
Inland Atlantic Breaks Ground on Orlando Apartments
The Lofts at South Lake is a 144-unit community in Clermont, Fla. Designed by ORA Architects of Raleigh, the property is slated for completion in November 2018.
Orlando Asset Lands $54M Financing
CBRE negotiated the loan on behalf of Unicorp National Developments Inc. for a 346-unit multifamily community in Windermere, Fla.
HFF Secures $35M Sale of Orlando Community
Epoch Residential sold the 181,276-square-foot community, which features one-, two and three-bedroom apartment units. The new owner intends to upgrade the property’s amenities and services.