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Florida & Gulf Coast  + Central Florida  + Apartments  |  October 21, 2026
Agador Spartacus
Mike Boyd
By: Mike Boyd

Agador Spartacus Inks $58.5M Loan to Build Two Deltona BTR Communities

Agador Spartacus closed on a $58.5 million construction loan for two build-to-rent communities in Deltona, Florida. Anchor Loans provided the loan.

The financings include approximately $30.2 million for Magnolia Cottages at Deltona, a 153-home community, and $28.3 million for Magnolia Villas at Deltona, a 126-home community. Located on adjacent parcels, the projects will add a combined 279 rental homes, including a mix of cottages, duplexes and townhomes. Both communities are planned with dog parks and clubhouse amenities.

Located between Orlando and Daytona Beach, the communities offer convenient access to major employment centers across Central Florida, including the nearby Howland Job Zone, home to healthcare, logistics and retail employers.

Anchor has previously financed Agador projects including Magnolia at Lake Hamilton, a $35.4 million multifamily financing in Winter Haven, and Lake Ella Estates, a $36.8 million financing for a 132-home build-to-rent community in Lady Lake.

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Agador Spartacus

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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