ORLANDO—Courtelis Company, Kislak Organization, and HMG/Courtland Properties—three powerhouse South Florida companies—are putting their collective heads together on a luxury multifamily project in Orlando. The trio broke ground on the $33.6 million Murano at Grande Lakes Tuesday.

Elias Vassilaros, president of development and asset management services at Courtelis, Thomas Bartelmo, president and CEO at Kislak, and Maurice Wiener, chairman of the board of directors, and president and CEO of HMG/Courtland Properties, are leading the charge. The multifamily project is set to come online in 2016. Wells Fargo inked the construction loan.

“We have done our homework and it is clear Orlando's high demand for high-quality multifamily living is going to continue,” says Bartelmo. “Murano at Grande Lakes is designed to provide residents with high-end conveniences and comfort, and when you add in great proximity and access to key employment and entertainment destinations, you know you have a terrific investment.”