Centennial Bank Provides $68M Construction Loan for Orlando Apartments
Centennial Bank has provided a $68 million construction loan for The Bentley, a 396-unit luxury apartment tower, which will be included in the $1 billion mixed-use development O-Town West in Orlando.
Located in Orlando’s Dr. Phillips area, O-Town West will be a multi-phase, live-work epicenter delivering single-family homes, apartments, Publix-anchored retail and office space. Amenities at The Bentley are slated to include a resort-style swimming pool with jacuzzi, resident lounge with a coffee bar, a social area featuring billiards and arcade games, a theater room, entertainment lanai, ZEN garden with hanging moon chairs and water features, outdoor walking trail, a firepit, 24-hour fitness center, a conference room, bike rentals, outdoor gaming areas and electric car charging stations.
Centennial provided the financing to builder Unicorp National Developments.
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.
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!