THE FRANKFORTER GROUP ACQUIRES A CLASS A ++ BUILDING FOR $ 142M IN DOWNTOWN ORLANDO


Julian Apartments – Orlando

The Julian Apartments is a 14 story A ++ Class 409 unit rental community in the heart of downtown Orlando’s Creative New Village.

ORLANDO, FLORIDA, USA, December 25, 2021 /EINPresswire.com/ — The Frankfurt Group is proud to announce its most recent acquisition, The Julian Apartments, a 14-story 409 A ++ Class unit rental community in the heart of downtown Orlando’s Creative New Village.

The Julian is the gem of the master-planned, high-barrier-to-entry Creative Village that transforms 68 acres of city-owned land into a high-quality sustainable neighborhood that, when completed, will represent more than $ 2 billion. dollars in new developments and a dynamic mix of uses including office, higher education, retail / restaurant, hotel, park, etc.

“Orlando’s economy continues to grow and diversify well beyond the tourism and hospitality industries, into a broad group of employment sectors including healthcare, telecommunications, biotechnology and consumer electronics. As a result, the Orlando market represents a unique opportunity for organic rental growth. and a constant demand for well-located luxury rental properties, like the Julian, and this is not expected to slow down, this metro ranking among the best markets nationwide for 5-year growth projections, ”said Stéphane Benalal , Director of Acquisitions for the Frankfurt Group.

The Julian offers spectacular views of the downtown Orlando skyline, luxuriously stylish interiors and unique features such as nearly 1,000 square feet of home workspace on each floor, a premium gym and a rooftop clubhouse with a resort-style swimming pool and panoramic terrace.
The Julian isn’t just residential, it’s home to the Monroe, one of Orlando’s most popular new restaurants, on the ground floor.

Together with The Ivy, Julian Apartments represent the Frankforter Group’s second acquisition of an irreplaceable multi-family residential asset in downtown Orlando in the past 6 months.

“Among other critical factors, being located in markets offering well-paying jobs is a very important consideration in our acquisition criteria,” added Mr. Benalal. “For example, the Julian Apartments will target thousands of employees who are expected to start working in the Creative Village, such as, among other large companies, the brand new EA studio Tiburon, which is home to gaming titan Electronic Arts. downtown employment The Orlando area supports our investment thesis, as we continue to seek commodities in geographic locations with compelling population growth, employment opportunities and the ability to respond to lifestyle preferences. ”

About the Frankfurt group
The Frankforter Group is a third generation real estate investment and asset management firm focused on acquiring institutional grade multi-family and commercial properties in Canada and the United States. The Frankforter Group has a proven track record of delivering significant returns to group investors and is led by an experienced team with over 60 years and over $ 2 billion of transaction experience.

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