The Latigo Group has secured a senior construction loan and preferred equity totaling $61 million in financing for a multi-housing development in Kissimmee, just south of Orlando.
The Infield Apartments will consist of 384 one-, two- and three-bedroom unit options, ranging from 699 to 1,354 sq. ft.
Located at 1900 Ball Park Rd., the property provides easy access to major roadways including SR 417, the Turnpike, US 192, and W Osceola Parkway.
The development will include resort-style amenities, such as a clubhouse, dry sauna, golf simulator, lakefront pool, state-of-the-art fitness center and yoga studio. The property sits on 25 acres, totals 491,578 sq. ft. and will consist of 654 parking spaces.
Designed by ACi Architects, the project is expected to be completed in 2022.