Forman Capital Provides $9.7M Equity Investment To Unicorp National Developments For Multifamily Project

The asset involved in the transaction is a development site located at 9743 Avalon Woods Road in Winter Garden. The site is intended for a planned multifamily project consisting of 323 units, part of the Horizon West development in Orlando. The loan associated with this property is structured as a preferred equity investment totaling $9,700,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $9,700,000
• Lender: Brett Forman, Ben Jacobson, Scott Mehlman, and Ty Regnier - Forman Capital
• Landlord: Chuck Whittall - Unicorp National Developments
• Loan Type: Equity
• Closing Date: July 22, 2025

This transaction highlights a partnership between Forman Capital and Unicorp National Developments, focusing on high-growth markets that are supply-constrained. The collaboration aims to facilitate the development of the Elysian project, marked by strong investor interest and the potential for significant growth in the area.