Society Orlando

Property Markets Group And Raven Capital Management Secure $120 Million Construction Loan for Society Orlando

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.

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PMG’s ‘Society Orlando’ Begins Vertical Ascent In Downtown Orlando

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.

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Society Orlando. Designed by Baker Barrios.

Activity Spotted At The Site of Property Markets Group’s “Society Orlando”

YIMBY recently spotted activity at 434 North Orange Avenue in Downtown Orlando, the site of an upcoming mixed-use development known as Society Orlando. The developers behind the project, Property Markets Group and Raven Capital Management, are establishing the Society Living hospitality brand in the city with plans for a two-tower structure topping out at 28-stories. Due to the pandemic, construction has been delayed for several months, and now seeing movement on the site could mean the tower could be going vertical soon. 

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