October 16, 2019
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.
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