UnionWest at Creative Village, a premier student housing complex in Downtown Orlando.
UnionWest at Creative Village has secured a $70.76 million bridge loan, marking the largest student housing financing in the Southeastern United States this year. The complex features 640 beds, modern amenities, and is located near UCF/Valencia Downtown Campus. Currently over 95% leased, UnionWest is part of the Creative Village urban innovation district, which promotes a live-work-learn-play lifestyle. This significant investment showcases Orlando’s potential as a hub for education and urban living.
In a thrilling development for students and residents of Orlando, the magnificent UnionWest at Creative Village has landed a whopping $70.76 million bridge loan. This remarkable financing marks it as the largest student housing refinancing in the Southeastern United States this year! Can you feel the excitement? This western area of Orlando is just getting more vibrant and welcoming.
Now, let’s dish out some details on what makes UnionWest such a hot commodity. This mixed-use, high-rise student housing complex boasts a staggering 640 beds and is conveniently located right in Downtown Orlando, near the bustling UCF/Valencia Downtown Campus. So, whether you’re a student or a faculty member, it’s the perfect spot to crash after a long day of classes!
Construction on UnionWest wrapped up in 2019, making it a newer addition to the urban landscape. It opened its doors just in time to welcome eager students, and it seems the community has embraced the place wholeheartedly. As of the refinancing date, UnionWest stands proudly at over 95 percent leased—that’s quite the achievement for such a busy urban area!
Let’s talk about the living experience at UnionWest, shall we? The complex is designed with modern flair, featuring spacious four-bedroom floor plans adorned with sleek finishes and those stunning skyline views of Orlando that you won’t want to miss. Picture this: cozing up with friends while watching the city lights twinkle at night. Sounds dreamy, right?
But it doesn’t stop there! The amenities provided are simply top-notch. With high-speed WiFi, extended cable TV, a resident-only Skydeck, designated study areas, and laundry services on each floor, students will surely appreciate the blend of comfort and practicality. Plus, for those who love working out, the Downtown Campus includes a recreation and wellness center—perfect for clearing your mind after a long study session!
One of the most practical aspects of UnionWest is its commercial spaces on the ground floor, where you can find beloved brands like Subway, Dunkin’, Vera Asian, Qdoba, and Addition Financial. Need a cup of coffee or a quick bite? Just step outside your door! And don’t worry about parking; UnionWest provides a parking garage with 602 spaces, catering to both residents and the public.
But Wait, There’s More! UnionWest is part of the vibrant Creative Village urban Innovation District, designed to promote a lifestyle where you can live, work, learn, and play—all in one area! This dynamic locale is on the rise, especially with developments like the recently completed Electronic Arts Orlando Studio, which provides jobs for over 800 professionals.
With this significant investment in student housing, it’s clear that Orlando is on the map as a hub for education and urban living. The combined forces of Berkadia and Bank of America have made this a landmark moment for the community and the growing number of students flocking to its educational institutions. Keep your eyes peeled, because this city’s transformation is just getting started!
So, if you’re a student considering where to study next, or just someone who loves the energy of a buzzing urban scene, UnionWest is certainly the place to be!
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