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W5 Group to Develop 602-Bed Student Housing Property in Orlando
Single-family investment office W5 Group has announced the development of The Retreat at Orlando, a 602-bed, 138-unit student housing development in Orlando near the University of Central Florida.
Construction on the project began in August and is slated for completion in the next year. The cottage-style community will include a suite of amenities such as a resort-style pool, golf simulator and a clubhouse with a study lounge and fitness center. Units will feature modern appliances, high-end vinyl tile floors, quartz countertops, high-speed Wi-Fi, cable television and in-unit washer-dryers. W5 Group has partnered with student housing developer Landmark Properties to develop and operate the property.
“W5 Group is excited to enter the US student housing space with a development at one of the nation’s leading public universities,” said Ralph Winter, principal and founder at W5 Group. “This modern and stylish property will offer students a true home away from home, emphasizing comfort and wellbeing. This first development will serve as a springboard for future deals that bring similarly high-quality and vibrant student housing to universities across the country. We are pleased to be partnering with Landmark Properties, a leading owner, developer and operator of in the student housing industry.”
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