Summary:
- JLL Capital Markets arranged a $176.6 million construction loan for The Place at Alafaya, a 1,395-bed student housing project near the University of Central Florida in Orlando, on behalf of borrower Beachwold Residential.
- The development will comprise 484 units with bed-to-bath parity across three four-story buildings, targeting the growing UCF student population.
- Amenities will include a 16,000-square-foot clubhouse, resort-style pool, fitness center with cold plunge and sauna, private study rooms, and sports courts, enhancing the property’s competitive positioning in the student housing market.
Original article:
