Two Greater Orlando Area developments, The Registry at Grass Lake condo-hotel and Winter Garden multifamily development, secured construction loans totaling $109 million.
The Registry at Grass Lake is a 320-unit market-rate apartment community in Winter Garden being developed by L.M. Sandler & Sons. American Momentum Bank provided the loan for $55 million. Located at 14544 Avalon Road, the development will have a pool and clubhouse, concierge service, bike storage and outdoor grills. Construction will begin soon.
In the second transaction, Concord Summit arranged for Centennial Bank to provide a $54 million loan to build
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