Class A Rental Community to be Completed Q2 2021
|MIAMI (November 18, 2020)–LV Lending, a Miami-based private lender focused on residential and commercial investment properties, today announced the closing of a $1.36 million construction loan for Seilah Vista Apartments, a Class A, 19,800 square-foot, 16-unit rental community, located at 3230 Eggleston Ave. in Orlando, FL. The financing was facilitated by Camilo Niño, Ricardo Uribe and Alen Hernandez of LV Lending, on behalf of the borrower, Seilah Vista LLC. Closing took place Nov. 17th. The developer, D32 Invest, has begun construction and completion is slated for May 2021.|
The high-end rental project is located in an opportunity zone along the west side of Eggleston Avenue, north of Lee Road on the west side of Orlando. All units will feature two bedrooms, two bathrooms and span 1,052 square feet. Leasing has begun with rents averaging $1,500 per month.
Seilah Vista Apartments is a gated community offering a comprehensive amenity package. Tenants will enjoy a pool, spa with sauna, full-service fitness center, tennis, racquetball, volleyball and basketball courts, community lounge, barbeque area and children’s playground.
About LV Lending
LV Lending is a Miami-based private lender focused on investment purpose loans for the acquisition and development of residential, commercial and land projects. The company has a current servicing portfolio of over $200 million and has overseen more than 500 transactions for $400+ million in Florida and Georgia. Founded in 2015, LV Lending prides itself on its team’s approachability, fast closings and high level of transparency. LV Lending is an affiliate of Linkvest Capital and Linkpoint Properties.
For more information on LV Lending, call (305) 523-6576, email at [email protected] or visit lvlending.com.
NMLS # 1291885