Montierre Development will begin work in January on The Dynasty complex, which will feature 1,100 hotel rooms, 17 multipurpose sports fields, and 500,000 square feet of commercial retail and restaurant space at the southeast corner of Ocoee-Apopka Road and E. Fullers Cross Road. The Orlando Business Journal reports that once mass grading commences, Montierre Development ... The post $1B Sports-Oriented Mixed-Use Project Slated for Ocoee appeared first on Connect CRE.

Volusia County approved a new condominium called 2000 N. Atlantic. For now, Gelcorp is developing the project. The Jacksonville Business Journal reports that, regarding the construction timeline, the company will decide whether to pursue development or explore the possibility of selling the concept to another party. After a sales center is built, phase two will ... The post 21-Story Condo Community Okayed in Daytona Beach appeared first on Connect CRE.

100 East Pine Street, a six-story Orlando office building with 80,000 square feet, is on the market. Denholtz is the seller. Initially constructed in 1977, the building underwent a $6 million renovation in 2018. Major capital expenditures include a new office building lobby, new restrooms on the lower level and first floor, second floor renovations ... The post 80K-SF Orlando Office Building For Sale appeared first on Connect CRE.

MG3 Group acquired 8201 Chancellor Drive, a 713,585-square-foot distribution center fully leased to CVS Health. The property’s price was $57 million. The property is situated within Orlando Central Park and was initially constructed in 1975, with subsequent expansions in 1980 and 2000. Cushman & Wakefield’s Mike Davis, Rick Colon, Rick Brugge and Dominic Montazemi represented ... The post Orlando Distribution Center Trades for $57M appeared first on Connect CRE.

Unicorp National Developments will soon be breaking ground on three Orange County apartment complexes. The communities will be valued at $475 million. The Orlando Business Journal reports the projects will preceed a number of hotel and retail developments on the calendar for 2026. The apartment complex projects scheduled to break ground are: Securing financing is standing ... The post Unicorp Adding Orlando Apartments, Hotels appeared first on Connect CRE.

Flournoy Partners obtained a $55 million refinancing of Apex Posner Park Apartments, a 314-unit luxury apartment community located in Davenport, Fla.  Jeremy Pino, Livingston Hessam, Carl Passmore and Kyle Miller of Walker & Dunlop Capital Markets secured the financing packaging for Flournoy, which was sourced from an unnamed institutional investor. Multi-Housing News reports Apex previously had a construction loan from ... The post Flournoy Partners Scores $55M Refi on Davenport Apartments appeared first on Connect CRE.

McDowell Housing Partners (MHP) announced the financial closing and the beginning of construction of Ekos at Pembroke Park, a 10-story, 150-unit affordable senior housing community located at 5595 S.W. 41st in Pembroke Park, Florida.  It’s McDowell Housing Partners’ 16th affordable housing project to start construction in the state of Florida. Financing for the $64.68 million development was ... The post McDowell Building 16th Florida Affordable Housing Project appeared first on Connect CRE.

Mesa West Capital provided a joint venture led by Onicx Group with a $66.3 million first mortgage loan to refinance a newly constructed multifamily community in Orlando, FL.  The floating-rate loan is secured by Nova at East Park Village, a 264-unit garden-style complex on a 10-acre site at 10403 Via Parco Orienta, and was originated ... The post Mesa West Arranges $66.3M Financing for Orlando Multifamily Community appeared first on Connect CRE.

Berkadia arranged a $61.3 million loan for the construction of The Yard at Brookhaven, a new 293,000-square-foot mixed-use residential community near downtown Orlando, Florida.  Marc Sumner of Berkadia Orlando arranged the financing on behalf of Real Estate Inverlad Development (REID). Commercial Edge reports City National Bank provided a three-year, adjustable-rate loan. The deal closed on September ... The post Orlando Developer Inks $61.3M Financing for 265 Rental Units appeared first on Connect CRE.

Centennial Bank has closed a $168 million construction loan to launch the next two phases of Glasshouse at O-Town West. Unicorp National Developments is helming the three-building multifamily development located at 11804 Glass House Lane in Orlando.  The transaction brought the lender’s cumulative loaning with the developer past the $1 billion mark. Commercial Edge reports that ... The post Unicorp Lands $168M Construction Loan for Orlando Apartments appeared first on Connect CRE.