Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect Daily to stay informed and save time. Connect Daily is our email publication that provides you with the latest and most relevant CRE stories of the day all in 150 words or less.

Sub Markets

Property Sectors

Topics

Florida & Gulf Coast  + Central Florida  + Apartments  | 

Berkadia Brokers $69M Sale of Orlando Apartments

Berkadia has brokered the $68.5 million sale of Veere Apartments, a 250-unit, garden style community in Orlando.

Built in 2020 by Winter Park-based developer Epoch Residential, the community is located at 10000 Palma Linda Way. One-, two- and three-bedroom units include stainless steel appliances, contemporary cabinetry, granite countertops, wood-plank style flooring, walk-in closets, USB charging ports and electronic keyless entry. Amenities include a two-story clubhouse, resort-style pool, Luxer One package system, a two-story fitness center, resident library with work spaces and a gated dog park with indoor pet spa.

Brett Moss, Matthew Wilcox and Tyler Swidler of Berkadia’s Orlando office represented the seller, Epoch Residential, in the transaction. In addition, Michael Weinberg, Wesley Moczul and Alec Fox of Berkadia’s Orlando arranged $36.3 million in acquisition financing on behalf of the buyer, Blackfish Investments. Nationwide Life Insurance Company originated the 10-year, fixed rate loan with full term interest-only payments.

Connect

Inside The Story

connect with Berkadia’s Mossconnect with Epoch Residential

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition
New call-to-action
New call-to-action
New call-to-action