ORLANDO, FL – Frankforter Group has bought The Ivy Residences at Health Village, a 248 unit Class A apartment community in Downtown Orlando. The Ivy is part of the 172-acre Health Village, a mixed-use, transit-oriented, master-plotted urban development.
Many healthcare professionals are residents at The Ivy who choose to live here for the convenience and walkability factor to their work and recreations. One of Florida’s largest hospital complexes, Florida Hospital Health Village is home to hospital and medical-related facilities, administrative offices, commercial uses, residential communities, a hotel, and AdventHealth University. The Ivy contributes to the hospital’s healthy-living mission with thoughtful urban design and responsible development.
FM Capital’s Senior Vice President Daniel Kaweblum arranged $51 million of senior debt with a national balance sheet lender for acquisition.
The Ivy is centrally located just blocks to the SunRail commuter rail system which offers simple access to Winter Park and Maitland to the north, as well as downtown Orlando and Sand Lake Road to the south. The Ivy is also very close to Interstate 4, allowing quick access to Orlando’s most happening neighborhoods such as College Park, Loch Haven Park, Mills Park, Ivanhoe Row, and the Mills/50 District.
The residence at The Ivy enjoys Class-A amenities including a resort-style pool with a multi-level deck and cabanas, a 24-hour fitness center, yoga and Pilate’s studio, a cybercafe, a billiards room, and a community-wide secured-access system. The apartment community includes two mid-rise buildings with 248 units averaging 941-square feet, as well as an integrated parking garage. The apartments feature granite countertops, ENERGY STAR®-rated stainless steel appliances, high-quality ceramic flooring and wood plank flooring, full-size washers and dryers, and modern lighting fixtures.
Stephane Benalal, Director of Acquisitions says, this investment fits well within our core plus investment strategy “We have been very active in the Florida market in the last few years and we are very excited to add this unique asset to our portfolio. We look forward to bringing an exceptional living experience to the residents of this fantastic community”.

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ATLANTA, GA – Emma Capital Investment announced the acquisition of Centre at Peachtree Corners, a 272-Unit Community located at 3325 Holcomb Bridge Road, Peachtree Corners 30092 for $45,250,000. This is Emma Capital’s 41st buy in the United States, and the first acquisition for the Emma Capital Investments Value Add Fund I (the “Fund”) bringing its total bought apartments to date to over 10,000 units.
Peachtree Corners is an affluent city in Gwinnett County conveniently located to I-85, I-285, and GA-400. The 17 square mile city was incorporated in 2005. The city’s pro-business environment has attracted over 2,300 businesses. Peachtree Corners is the economic leader of Gwinnett County, Atlanta’s fastest growing county.
The property sits on 20.13 acres at the intersections of Holcomb Bridge Road, Peachtree Industrial Boulevard, and Peachtree Parkway (also known as GA-141). The property has benefited from a major rehabilitation of $10.7M between 2012-2017, with new HVAC, roofs, windows, paint, clubhouse and Hardie-Plank sidings as well as renovations of all of the interiors with plank flooring, black appliances, faux granite countertops, new cabinets, and track lighting.
“We are extremely excited about this first acquisition in our new Value Add Fund,” stated founding Partner and Co-Owner Haya Zilberboim. “We have had fantastic success with our other properties in Atlanta and our strength and experience in the market provides us with a fantastic opportunity to efficiently leverage our resources to immediately focus on rent growth initiatives and capital improvement projects such as income-boosting unit interior upgrades.”
“Centre at Peachtree Corners represents another strong investment opportunity for Emma Capital in the Atlanta market,” added Partner and Co-Owner Oz Cohen. “The city of Peachtree Corners is vibrant and growing, with leadership focused on well-conceived, strategic development sure to generate business interest and inspire future expansion. We are extremely pleased with the performances of our current holdings in Atlanta, Phoenix Orlando, Nashville, Indianapolis and the Carolinas and continue to focus on other new Southern markets such as Dallas, Austin and Tampa.”

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LARGO, MD – Clarion Partners Real Estate Income Fund (CPREIF), in partnership with Blackfin Real Estate Investors, has bought Mosaic at Largo Station, a four-tale, 242-unit, mid-rise multifamily community located in Largo, MD in the Washington, D.C. metro area. Clarion Partners (Clarion Partners), a leading U.S. real estate investment manager, is one of Franklin Templeton s specialist investment managers.
Largo, MD is a residential suburb with its own Metro station. It s adjacent to the Capital Beltway (I-495), providing simple access to downtown D.C. (approximately 14 miles away) as well as Crystal City, the home of Amazon s second headquarters in Arlington, VA (approximately 19 miles away). Located half a mile from Mosaic, the University of Maryland Medical System s new $645 million, 259-bed regional hospital and medical center is scheduled to open next month.
Our lifestyles are changing dramatically, and emerging trends in the ways we live, work and shop are making new opportunities in different areas of real estate. CPREIF seeks to provide current income and long-term capital appreciation by purchasing stabilized, well-leased, cash flow-producing properties in markets with favorable growth prospects as well as exposure to different geographic regions and property sectors, said Clarion Partners Managing Director Rick Schaupp. We believe this property in the heart of Prince George s County is emblematic of these societal shifts, given its proximity to a walkable metro station, new hospital and amenity retail.
Mosaic s amenities include an outdoor swimming pool, dedicated grilling area, a dog park and a newly renovated class A+ two-tale clubhouse with game room. The units feature 9 to 12 ceiling heights, maple cabinets, stainless steel appliances and kitchen islands with granite countertops.
We are thrilled to expand our partnership with Clarion Partners, said Andrew Buchanan, Co-Founder and Managing Partner of Blackfin Real Estate Investors. Mosaic is an extremely well-built asset in an brilliant, transit-oriented location that s poised to benefit from the new state-of-the-art hospital center.
Eastdil Secured, a real estate investment banking company, represented the seller in the sale of Mosaic at Largo Station and arranged acquisition financing for the venture.

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