PCCP Provides $66 Million Construction Loan To Trey Embrey For Development In Kissimmee

A construction loan of $66,000,000 was secured for a development project located at 3200 Post Oak Cir in Kissimmee. The asset type is a development site covering an area of 13.3 acres. This project is specifically for Boggy Creek, which will feature a 300-unit, three-story garden-style apartment community in Lake Nona, Orlando. Amenities will include a pool, clubhouse, fitness center, and rental garages.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $66,000,000
• Lender: PCCP
• Landlord: Trey Embrey - Embrey

The deal represents the sixth project for Embrey in Orlando and the sixteenth project across Florida. The financing provided by PCCP supports the growth of this residential development aimed at enhancing community living.