EBSC Lending Provides $27.1 Million Construction Loan for New Multifamily Community in Orlando, Florida

November 19, 2025

Source: EBSC Lending

Orlando, FL – EBSC Lending announced today that it has closed on a $27.1 million construction loan to support the development of a new multifamily community in Orlando, Florida. The fully entitled project is scheduled for completion in 2027.

Construction is set to begin immediately. EBSC Lending arranged financing at an 8.75% interest rate, providing leverage at 80% loan-to-cost and 70% loan-to-stabilized value. The loan carries an initial term of 2 years, with two extension options, and funds the project’s development budget through lease-up following commencement of operations. Situated on an approximately 25-acre site, the community will feature 45 residential units, including 11 studios, 19 one-bedroom units, and 15 two-bedroom units ranging from 950 to 1,200 square feet. 10 units are designated as affordable housing. Residences will deliver high-end finishes including in-unit washer and dryers, full kitchens with stainless-steel appliances, stone countertops, hardwood flooring, oversized windows, a 24/7 virtual doorman, and Latch-enabled apartment entry.

“We are pleased to support an experienced development team on a project that brings much-needed housing to a high-demand corridor in Orlando. This development is about more than just building apartments — it's about creating a modern, accessible community that combines design-forward living with affordability,” said Aaron Donovan, Senior Vice President, Portfolio Review at EBSC Lending. “Our financing structure again underscores our commitment to offering creative, reliable capital in growth markets — and we’re proud to back this development from ground-up all the way through lease-up. We’re very proud to participate in a project that prioritizes quality, community, and long-term viability.”

Planned on-site amenities include a rooftop deck, a gym, a package room, basement storage, bike storage, and shared laundry facilities. Additional common-area features across the property include two swimming pools, a fitness center, a basketball court, and a tennis court.

“With this project, we’re delivering more than just housing — we’re building a lifestyle,” said David Palmer, Vice President of Special Assets at EBSC Lending. “From robust amenity spaces to thoughtful apartment design, this community will provide real value to residents and long-term stability to the local market. This is EBSC Lending's third loan with this developer and our first multifamily loan this year in the Orlando, Florida”

The property benefits from a prime location: within walking distance of retail destinations such as Walgreens and Publix, approximately three miles south of the University of Central Florida, and about 13 miles east of downtown Orlando. The borrower is an experienced developer with a proven track record. EBSC Lending’s financing will support land development, vertical construction, and the pre-opening operating budget.

EBSC Lending is a real estate lending business that provides customized financing solutions for a wide range of property types across primary and secondary U.S. and Canadian metropolitan markets. With a history of navigating diverse market cycles, EBSC Lending has invested over $2 billion in balance sheet capital since its inception. The firm specializes in a broad array of financing options, including Bridge Loans, Construction Loans, Cannabis Financing, Commercial Bridge Loans, C-Pace, Fix & Flip Loans, Hard Money, Lines of Credit, Mezzanine Financing, Multifamily Bridge Loans, Rental Loans, and Self-Storage Facilities. EBSC Lending’s fully dedicated teams in origination, underwriting, closing, and servicing ensure efficient and timely execution to meet client needs.

Media Contact:

Brian Stark.

EBSC Lending

(949) 229 6155

info@EBSC-llc.com

www.ebsc-llc.com

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