Multifamily Development Site In Orlando’s MetroWest Submarket Trades For $10.6 Million
New-to-market multifamily developer RISE acquired the 19-acre property. CLICK ON THE HEADLINE FOR MORE
New-to-market multifamily developer RISE acquired the 19-acre property. CLICK ON THE HEADLINE FOR MORE
If you ask the developers themselves why they are seeking projects in Orlando, they’ll say South Florida’s current development cycle is built out, land is expensive, vacant land is almost nonexistent and other costs are rising. CLICK ON THE HEADLINE FOR MORE
The property may be developed into apartments, office, retail and townhomes, but figures are still being worked out. CLICK ON THE HEADLINE FOR MORE
At least 10 new towers are proposed for Orlando’s 1,000-acre central business district, mostly in the past year, as developers scoop up available land to build more apartments, offices, shops and restaurants. CLICK ON THE HEADLINE FOR MORE
With the additional responsibilities of Managing Principal, she will have direct oversight of nearly 100 employees and all aspects of the firm’s business in the Central and North Florida markets, including agency leasing, tenant representation, capital markets, debt and equity, asset services, valuation and advisory and project and development services. CLICK ON THE HEADLINE FOR MORE
CBRE’s Shelton Granade, Luke Wickham and Justin Basquill represented the seller, and CBRE’s Brian Eisendrath provided the acquisition financing for the buyer. CLICK ON THE HEADLINE FOR MORE
The 396-unit multifamily property, located at 10801 Heather Ridge Circle, was purchased by Horizon Realty Advisors LLC out of Seattle. CLICK ON THE HEADLINE FOR MORE
The event is scheduled for this Friday, January 18. CLICK ON THE HEADLINE FOR MORE DETAILS
“CFCAR members benefit from proprietary industry resources and customized services. We are kicking off an event-filled 2019 by hosting a power-packed Outlook Conference on January 18th. Details of the downtown Orlando event can be found at http://cfcar.net,” she added. CLICK ON THE HEADLINE FOR MORE
The new development will consist of a Class A, 14-story, 409-unit market rate apartment project located across the street from the new University of Central Florida (UCF) Downtown and Valencia Downtown Campus. CLICK ON THE HEADLINE FOR MORE
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