Greater Orlando Office Condos Land Financing
The borrower will use the $4.1 million loan to construct a 42,909 square-foot building in Hunter’s Creek. The development is slated for completion in the first quarter of 2020.
Building P. Image courtesy of LV Lending
ARB Development LLC, through its manager Bellavista Building Group Inc., has received a $4.1 million construction loan for a 42,909 square-foot office condo building within The Village at Hunter’s Creek, a 31-acre mixed-use project currently under development in Hunter’s Creek, Fla. The planned building has broken ground and is slated for completion in the first quarter of 2020. LV Lending, a Miami-based private lender, facilitated the financing on behalf of the lender.
The Village at Hunter’s Creek is located on the corner of Central Florida GreeneWay and John Young Parkway, 18 miles south of downtown Orlando. The development encompasses 19 buildings, 1,544 parking spaces and a 2-acre central park with a playground and performance stages, as well as the signature clock tower.
The Class A building developed by Bellavista Building Group sits inside the mixed-use project just off Village Park Drive. The three-story construction, dubbed Building P, will offer 48 office condo units, with floorplans ranging from 654 to 1,049 square feet.
LV Lending Partner & CEO Camilo Niño, Partner Ricardo Uribe and Commercial Director Alen Hernandez secured the financing on behalf of Bellavista Building Group. In February, the same team facilitated the $2.2 million financing for a future development in Key Largo, Fla.
You must be logged in to post a comment.