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| Burk Hedrick |
ORLANDO, FL – Aventon Companies, a prominent, vertically integrated multifamily developer with active projects throughout the mid-Atlantic and Southeast, announced it has begun construction on its fourth apartment community within the Orlando metropolitan market.
Aventon Opal (above rendering) will be a 308-unit, Class A, multifamily development, meeting Orlando’s rapidly growing housing demand.
“With home values in Orlando continuing to skyrocket and the market becoming one of the most desirable in the country given its year-round seasonable temperatures and proximity to the nation’s entertainment capital, the need for high-quality housing is at an all-time high,” said Burk Hedrick, Vice President of Development for Aventon Companies.
“We are excited to deliver another Aventon community which residents are able to proudly call home.”
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| Aaron Smith To realize the development Aventon Companies has elected to partner with PPF Real Estate, a subsidiary of PPF Group, as a co-investment partner. |
“PPF Real Estate is enthusiastic about the creation of a joint venture with Aventon Companies, a development firm with a strong track record of success.
"We look forward to replicating this partnership in other investments in the Sun Belt region,” said Aaron Smith, Managing Director for PPF Real Estate.
The buildings comprising Aventon Opal were designed locally by Scott + Cormia Architecture & Interiors, based in Orlando, while the interiors were created by Beasley & Henley of Winter Park, Florida.
CONTACT:
Kristen Skladd
586-222-2423
kristen@andersoncollaborative.com
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