Orlando
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.
Harbor Group Nabs Orlando Asset for $97M
Berkadia arranged $66 million in financing for the firm’s acquisition of Elan Audubon Park, a 449-unit community spread across 12 buildings.
Lantower Snags Orlando Community
The Oasis at Grande Pines includes 282 units that feature “smart home” systems. Communal amenities include a fitness center, a yoga room and a lake with LED-lit fountains.
LandSouth Breaks Ground on $30M FL Project
The firm is teaming up with Integra Realty to develop the 300-unit Integra Sunrise in Kissimmee, Fla. The property is slated for completion by April 2019.