Orlando

Solara, Lake Mary, Florida

DEAL OF THE DAY: New Ultra Luxury Apartments Sell North of Orlando

A strong office market and newly built luxury lures an Alabama investor to Lake Mary.

Brian Kelley: Investcorp’s Acquisition Strategy

Investcorp, a Bahrain-listed alternative investment fund, has recently expanded its U.S. residential portfolio with the acquisition of four properties in the metropolitan areas of Washington, D.C., Orlando, San Diego and Baltimore. The purchase price was approximately $300 million.

TODAY’S DEALS: Chicago Tower Sales Breaks $100M Mark

Planned Property Management grabs a Chicago tower; HFF arranges Orlando acquisition financing for a newly built luxury asset; and Hunt Mortgage finances an acquisition with a $4.8 million loan.

TODAY’S DEALS: Hunt Mortgage Provides $6M, Full-Term Interest-Only, Bridge Loan

Hunt Mortgage Group announces that it has provided a $6 million bridge loan to refinance Sun Bay Apartments; and Colliers completes the sale of a 228-unit Class B property in Austin, Texas.

TODAY’S DEALS: Atlas Residential Completes Largest Orlando Apartment Acquisition Year-to-Date

CBRE brokers the largest transaction in Orlando for 2014; ARA closes the sale of a luxury community in Palm Beach County to a joint venture between AIMS Real Estate and Carroll Organization; and Cohen Financial secures $12.6 million in joint venture equity for a Florida development.

TODAY’S DEALS: Landmark Apartment Trust Completes 342-Unit Orlando Acquisition

Landmark Apartment Trust buys a 2002-built apartment in Orlando; Chaucer Creek acquires a community in Charlotte’s ‘hippest’ neighborhood; and Colorado investor acquires a property from Fannie Mae.

TODAY’S DEALS: Aragon Closes 850 Unit Purchase in Denver and Orlando

Aragon Holdings buys two communities in Denver and Orlando; Walker & Dunlop structures $72 million in bridge conduit and mezzanine financing for acquisitions; and Crown Realty completes its 10th Phoenix area apartment acquisition since 2010.

Crescent Breaks Ground on Downtown Orlando Community

Work has started on Crescent Central Station in downtown Orlando. Developer Crescent Communities says the 279-unit TOD apartment community will be completed by early 2015.

Sheraton Orlando North Acquisition Marks Sixth Acquisition for Waramaug, Interstate JV

Waramaug Hospitality and Interstate Hotels & Resorts have recently closed on the purchase of their sixth property as joint venture partners, the Sheraton Orlando North Hotel.

Mattamy to Develop its Biggest U.S. Community on Newly Acquired Land

Mattamy Homes, Canada’s largest homebuilder, plans to introduce its highly-successful master-planned community model to the Orlando market. The company will build its biggest exclusive master-planned community in the US, having recently paid $15 million for the Tapestry property in the City of Kissimmee.