Property Markets Group (PMG), alongside Raven Capital Management LLC and its operating partner, RCM Living Holdings LLC, has completed a $155 million refinancing for Society Orlando, a 27-story multifamily mixed-use development at 434 North Orange Avenue. Since its completion, the development has rapidly filled its units, with the first residents moving in March.
Construction has topped out on Phase 1 of Society Orlando, a two-tower mixed-use development of 28 and 16 stories under construction at 434 North Orange Avenue in Downtown Orlando’s Central Business District. Designed by Orlando-based Baker Barrios and developed by Property Markets Group and Raven Capital Management, the approximately 350-foot-tall first phase will yield 484 residential units atop a massive podium with 33,000 square feet of ground floor commercial space and parking spaces. John Moriarty & Associates is the general contractor with Baker Concrete Construction managing concrete construction for the project, which is located on the northwest corner of the intersection between North Orange Avenue and West Livingston Street.
Construction is nearing the final floors on phase one of Society Orlando, a two-towered mixed-use development of 26 and 16 stories at 434 North Orange Avenue in the Central Business District of Downtown Orlando. The project is designed by Orlando’s very own Baker Barrios and is being developed by national real estate developer Property Markets Group (PMG) alongside New York City-based investment firm Raven Capital Management. John Moriarty & Associates is managing the development’s construction, which will ultimately yield 707 residential units between both towers and 36,000 square feet of ground floor commercial space. The first phase of construction is comprised of the taller, approximately 350-foot-tall tower rising along West Livingston Street with 462 units.
Miami and New York City-based investment, development, and asset management firm Property Markets Group (PMG), alongside partner Raven Capital Management (Raven) has announced the securing of a $120 million construction loan for their 825,000-square foot – 26-story Society Orlando mixed-use project located at 434 North Orange Avenue in Downtown Orlando. The loan is being provided for phase one of the development of the project, which broke ground in 2020. Funds are being provided by an entity managed by Los Angeles-based CIM Group.
Construction is going vertical at Society Orlando, a two-tower mixed-use project of 17 and 28 stories in Downtown Orlando’s Central Business District. Designed by Orlando’s very own Baker Barrios and developed by Property Markets Group in collaboration with Raven Capital Management, the 825,000-square-foot development occupies an entire city block addressed as 434 North Orange Avenue, and is set to become the single largest residential project in all of Downtown Orlando.