**Mesa West Capital Provides $66.3M Financing for Orlando Multifamily Community**
Mesa West Capital has provided a $66.3 million first mortgage loan to a joint venture led by Onicx Group to refinance Nova at East Park Village, a newly constructed multifamily development located in Orlando, Florida.
The floating-rate loan is secured by the 264-unit garden-style community situated on a 10-acre site at 10403 Via Parco Orienta. The property was completed in August and features one-, two-, and three-bedroom apartments spread across three mid-rise buildings. Each unit includes private balconies, and the community offers residents amenities such as a swimming pool with cabanas and a 24-hour fitness center.
The loan was originated by Mesa West Capital’s Brian Hahn, Russell Frahm, and Brad McCarthy.
“Strong location and submarket fundamentals have driven robust initial leasing velocity at the property,” said Brian Hahn of Mesa West Capital. “We expect Nova at East Park Village to continue to capture demand for new leases, positioning the property to achieve stabilized occupancy in the next 12–15 months.”
