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Berkadia Secures $16.39 Million in Equity for Development of 249-Unit Encore Narcoossee Apartment Community in Orlando Submarket

ORLANDO, FL - Berkadia announces it has sourced a capital partner for Dallas-based Encore Multifamily, a division of Encore Enterprises, to develop its second apartment community in Orlando. The “Encore Narcoossee” community will be a three-story, 249-unit garden-style community on a 14.5-acre site located at 7567 Narcoossee Road, less than 10 minutes from Orlando International Airport in the growing Lake Nona submarket. Groundbreaking is expected to take place on August 1,.

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An Investor in Grocery Retail Is Reacting to a Market in Flux

In a market facing new challenges, shopping center investor AmCap feels it’s a good time to step up acquisitions

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