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.
Credit: Society Orlando.
The refinancing was orchestrated by PMG’s Capital Markets team and sourced from MF1 Capital and Affinius Capital, with legal representation by Matt Danow and Courtney Ferszt of Katsky Korins, and PMG’s in-house counsels Lowell Plotkin, Lindsay Davis, and Scott Buscemi.
Credit: Society Orlando.
Josh Green, Founder & CEO of Raven Capital Management LLC, commented on the completion and refinancing of the Orlando property: “We are excited to enhance the living experience for our tenants in what is proving to be one of the nation’s most dynamic growth cities. Our portfolio, once complete, will affirm our leadership in the multifamily space.”
Credit: Society Orlando.
Society Orlando, one of the largest residential developments in the Orlando metro, integrates traditional and co-living accommodations within its community-focused design. It boasts over 100,000 square feet of amenities, including a large pool deck, modern fitness facilities, coworking spaces, and social lounges. The ground floor will soon feature a craft food and beverage venue operated by Thriving Hospitality, alongside smart package lockers, app-based entry systems, and retail integrations. The location also hosts the first East Coast branch of Velocity Esports.
Credit: Society Orlando.
Andrew Warman, Managing Director of Capital Markets at PMG, expressed gratitude for the ongoing financial support: “The backing from MF1 Capital and Affinius Capital is a strong vote of confidence in downtown Orlando’s future from the capital markets. We value our new partnership with MF1 Capital and our continued relationship with Affinius Capital, having collaborated on multiple deals.”
Credit: Society Orlando.
Society Orlando is a key component of PMG’s expanding national portfolio of Society Living communities, designed to meet the robust demand for affordable rental options in prime locations.
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