The project will total 900,000 square feet.
Williams will oversee and grow the firm’s several business lines in the Orlando market, including insurance, investment sales, capital advisory, leasing, project management and property management.
Newmark Multifamily Capital Markets Vice Chairmen Scott Ramey and Patrick Dufour, Director Brad Downing and Associate Paul Grant represented the seller in the sale transaction.
The Flats Orlando will operate as a hotel with short-term stay options streamlined through an exclusive rental program led by a worldwide brand soon to be announced.
The 376-unit apartment development was purchased for $71 million.
The 45,000-square-foot facility recently broke ground within East Park Village, a 23-acre mixed-use development in Orlando’s Lake Nona neighborhood that will include a multifamily, retail, and hospitality component.
Discussion topics will include the Live Local Act, Real Property Fraud and Foreign Interests In Real Property, presented by Attorney Kathleen Hugo, Attorney Anna Long and Senior Commercial Underwriting Counsel Alan McCall.
A nine-parcel area of SouthPark Center with five fully leased office buildings totaling 670,000 square feet is the subject of the planned new development.
Retail and offices will be located on the bottom floor, and apartments and condominiums will be located on the upper floors.
During the June 20 Kissimmee City Commission meeting, developer TRJCorley LLC asked the city for $147,826 through the Vine Street Community Redevelopment Agency Pioneer Project Incentive Program.
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