Acquisition of The Addison at Universal Boulevard

United States

Deal value: $97,000,000

Acquisition of a 344-unit, luxury garden-style apartment community in Orlando, FL, targeting strong rent growth and high absorption in the Sunbelt.

The acquisition targets a luxury, garden-style apartment community in Orlando, FL, capitalizing on strong rent growth and high absorption trends in the Sunbelt region. The core motivation is to gain exposure to resilient multifamily assets in high-demand markets, driven by demographic shifts, migration to the Sunbelt, and sustained rental demand. The strategic purpose is to secure stable cash flows and potential appreciation by investing in premium rental housing with resort-style amenities that appeal to affluent renters.