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Secure $68M Loan for 309-Unit Multifamily in Kissimmee with PCCP

Secure $68M Loan for 309-Unit Multifamily in Kissimmee with PCCP

PCCP, LLC has provided a $67.8 million loan to Fore Property Company for the ground-up development of Parkway Crossings, a Class-A 309-unit multifamily community in Kissimmee, Florida located 20 miles south of downtown Orlando. Construction is underway with completion anticipated for 2025.

Parkway Crossings will feature four stories and an elevatored parking garage with 570 spaces as well as studio, one-, two-, and three-bedroom floor plans averaging 939 square feet each. The property will also include amenities such as a tenant clubhouse, 24 hour fitness center, outdoor BBQ area pool and lounge area dog park along with EV chargers all expected to meet LEED Silver standards upon completion.

Andrew Barbakoff Vice President at PCCP commented on the project stating “We are pleased to service an existing client in Fore Property Company and be part of this exciting new apartment project located within the high growth Orlando MSA”

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