Providence Real Estate Snags Orlando Apartments Near Baldwin Park
Providence Real Estate, LLC, a Chicago-based multifamily owner-operator, acquired the Infinity Residences at the Park apartments located beside the Baldwin Park master-planned community in Orlando. The property was acquired for an undisclosed sum by Providence Multifamily REIT, a Providence-managed private REIT.
Built in 1998, Infinity consists of six residential apartment buildings and a clubhouse and leasing center. It’s located across the street from Baldwin Park, a 1,100-acre master-planned residential community that includes one million square feet of office and retail space along with more than 50 miles of walking paths and trails. Infinity is anticipated to undergo exterior and interior renovations and will be renamed “Infinity off Baldwin Park.”
Providence EVP Kevin Finkel said, “The acquisition of Infinity offers a tremendous opportunity to own an infill multifamily property with proven value-add renovation upside potential in a highly sought-after and affluent area of Orlando.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).