Southeast Regional Office
The Yard at Ivanhoe
“New York Life is providing a construction/permanent mortgage loan to RE Inverlad, an Orlando developer, to build The Yard at Ivanhoe, a mid-rise/high-rise apartment property located 3 miles north of downtown Orlando. The property will feature top of the line finishes, as well as a rooftop pool and clubhouse with views of surrounding lakes and downtown. Residents will be in middle of the trendy Ivanhoe Village area, with its restaurants, bars and boutique shopping. The property is situated between Loch Haven Park, with all of its museums and cultural attractions, and Gaston Edwards Park on Lake Formosa. In addition, the property will be just ½ mile south of Florida Hospital’s main Orlando campus, and have quick access to I-4 and the surrounding metro area. ”
—Randall M. Hall, Senior Director
- Construction to Permanent financing, including the availability of additional funds after construction completion, subject to conditions.
- 591 unit Class A multifamily complex with approximately 25,000 sf of ground floor retail.
- Well located near downtown Orlando.
- Low loan to cost
- 11 year loan term
Source: REI Southeast Regional Office, December 2017.
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