PCCP, LLC has provided a $67.8 million loan to Fore Property Company for the ground-up development of Parkway Crossings, a Class-A multifamily community in Kissimmee, Florida. Located 20 miles south of downtown Orlando and sitting on six acres of land, construction is underway with completion anticipated for 2025.
Parkway Crossings will be four stories tall with an elevatored parking garage providing 570 spaces. The 309 units will feature studio apartments as well as one-, two-, and three-bedroom floor plans averaging 939 square feet each. Amenities include a tenant clubhouse, 24/7 fitness center, outdoor BBQ area; pool and lounge area; dog park; EV chargers; all designed to meet LEED Silver standards upon completion.
Andrew Barbakoff—vice president at PCCP—commented: “We are pleased to service an existing client in Fore Property Company while being part of this exciting new apartment project located within the high-growth Orlando MSA.”
