Cushman & Wakefield Negotiates $70.98M Sale Of Newly Completed Orlando Area Apartments
The sales price equates to $210,000 per unit. CLICK ON THE HEADLINE FOR MORE
The sales price equates to $210,000 per unit. CLICK ON THE HEADLINE FOR MORE
Fort Lauderdale-based BTI Partners developed the project. CLICK ON THE HEADLINE FOR MORE
Ohio-based Bridgewater Apartment Partners, LLC acquired the property for $14.8 million, or $148,000 per unit, which represents the highest price per unit transaction ever for a similar vintage and asset class in Brevard County. CLICK ON THE HEADLINE FOR MORE
Mike Donaldson and Nick Meoli with Cushman & Wakefield’s Florida Multifamily Investment Sales Team represented Lohman Apartments out of Ormond Beach, Florida, in the disposition. CLICK ON THE HEADLINE FOR MORE
The Orlando MSA has an inventory of approximately 165,000 rental units and about 10,000 units under construction. While that new supply approaches historical high-water marks, the lack of inventory of entry-level, single-family homes and the complexion of the household formation leads us to the conclusion that we are undersupplied in the multifamily space. CLICK ON THE HEADLINE FOR MORE
The groundbreaking comes after MultiVerse Global completed its purchase of the roughly 170 acres on Aug. 26 for more than $20 million. CLICK ON THE HEADLINE FOR MORE
Morgan Group Development LLC plans to build 265 apartments. CLICK ON THE HEADLINE FOR MORE
MIR Developments LLC seeks approval for an eight-building, 960-unit apartment complex along with 30,000 square feet of commercial space. The public, 18-hole Eaglewood closed in 2008. CLICK ON THE HEADLINE FOR MORE
The project marks the fourth time the Florida-based general contractor has worked with developer Unicorp National Developments Inc. CLICK ON THE HEADLINE FOR MORE
At $127,404 per unit, the deal marks the highest per unit values ever sold in north Orlando’s Rosemont area. CLICK ON THE HEADLINE FOR MORE
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