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Florida & Gulf Coast  + Finance  |  October 16, 2019
David Cohen
By: David Cohen

Hunt Secures $53M Refinancing for Central Florida MF Property

Hunt Real Estate Capital secured a $53-million Fannie Mae DUS conventional multifamily loan to refinance Vista at Lost Lake, a 468-unit garden-style apartment community in Clermont.

Located at 2550 Citrus Tower Blvd., the property is approximately 22 miles west of downtown Orlando. Built in two phases between 2007 and 2014, the property is spread across a nearly 40-acre site and consists of a mix of one-, two- and three-bedroom units. Amenities include two pools, a clubhouse, maintenance shop and a central mailbox center.

James Kelly of Hunt secured the loan on behalf of the undisclosed borrower. Terms included a five-year loan with full-term interest-only payments.

For comments, questions or concerns, please contact David Cohen

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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.
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