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| Jennifer (Jen) Swanson |
ORLANDO, FL, Jan. 4, 2021 – JLL Capital Markets announced today that it has arranged $59.6 million in construction financing to build Lynwind at Championsgate, a luxury mid-rise apartment development located in Orlando, Florida’s bustling southern submarket of Davenport.
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| Bercut Smith |
JLL worked on behalf of the borrower, The Latigo
Group, to secure a structured loan through a private real estate investment
firm and a regional bank. Construction is planned to begin immediately and
complete in May 2022.
Lynwind at Championsgate will consist of 384 one-, two-
and three-bedroom apartments boasting high-end finishes. The property will
comprise six four-story buildings and offer 661 parking spaces for residents.
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| Charles Halladay |
The apartments will also
offer best-in-class community amenities including a clubhouse, crystalline pool
with cabanas, fitness center, yoga studio and dog spa.
Located at Town Center Blvd. and Grey Heron Blvd.,
Lynwind at Championsgate is within 20 minutes of Orlando’s largest employers,
with the population anticipated to grow 20% in the next five years.
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| Tarik Bateh |
Nearby, residents have
access to Walt Disney World and Universal Studios, among other shopping,
dining, entertainment, hospitality and golf options, including the Reunion
Resort & Golf Club, Omni Orlando Resort at Championsgate, Encore Club and
three Publix supermarkets within just a few miles of the property.
Lynwind at Championsgate is also proximate to major roadways such as I-4, SR 429, SR 417 and the Turnpike for regional connectivity.
The JLL Capital Markets team representing
the borrower was led by Director Bercut Smith, Senior Managing Director Charles
Halladay, Senior Director Tarik Bateh and Associates Jonah Aelyon
and Jen Swanson.
For more news, videos and research resources on JLL, please visit our newsroom.
CONTACT:
Natalie Passarelli
JLL Senior Associate
Public
Relations
Phone: +1
224 477 7307
Email: Natalie.Passarelli@am.jll.com
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