JLL Capital Markets secures $21 million acquisition financing credit facility for build-to-rent forward-purchase in Kissimmee, FL

Alexander Park, a newly built, 95-unit, build-to-rent
townhome community in Kissimmee, FL

Max La Cava

 

MIAMI, FL –  JLL Capital Markets announcedit helped arrange a credit facility for Alexander Park, a newly built, 95-unit, build-to-rent townhome community in Kissimmee, Florida.

 

JLL worked on behalf of the borrower, a joint venture between CFB Homes and Montalva Quindos, to secure the acquisition financing from a regional bank.

The JLL Capital Markets team was led by Senior Director Max La Cava, Director Trey Pizzitola and Associate Mateo Bolivar.

 

Trey Pizzitola

Alexander Park is located on approximately 13.6 acres at 2626 Ham Brown Rd in Kissimmee, FL. The average unit size is 1,937-square-feet, with configurations that include three to four bedrooms, 2.5 bathrooms and two-car attached garages. The community’s amenity package includes a pool and cabana.

 

Alexander Park has direct access to U.S. HWY-17, a regional thoroughfare of the Orlando MSA and a direct artery of downtown Kissimmee.

Additionally, the community is within a 35-minute drive to Orlando International Airport and a 22-minute drive to Interstate 4 (I-4 Corridor), providing direct connectivity to Tampa, Lakeland and Daytona Beach.

Mateo Bolivar.

Kissimmee is the largest municipality in Osceola County, which has experienced significant a demographic growth with over 58 percent population growth since 2010 and a projected additional 24 percent increase by 2030.

 

 

 

 

  CONTACT:

 Alli Stent

PR, Hotels & Hospitality,

Capital Markets

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