Real Estate News

Madison Realty Capital Originates $240 Million Mortgage Loan for 526-Unit Villa-Hotel Resort in Orlando, Florida

77-Acre Villa Rental Resort Will Boast Spacious Units, Luxe Amenities, and Proximity to Key Tourism Hubs, Including Universal Studios’ Forthcoming “Epic Universe”

NEW YORK, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, announced today that it has originated a $240 million mortgage loan to Baseline Property Group and JSB Capital Group for the acquisition of a 526-unit vacation resort property located on International Drive—a high-traffic tourism hub in Orlando, Florida.

Armada Hoffler Reports Second Quarter 2023 Results

Net Income of $0.13 Per Diluted Share

Normalized FFO of $0.32 Per Diluted Share

Completed the Off-Market, Mixed-Use Acquisition of The Interlock in Atlanta's West Midtown

Announced $50 Million Common and Preferred Stock Repurchase Program

Maintained 2023 Full-Year Normalized FFO Guidance Range of $1.23 to $1.27 Per Diluted Share

VIRGINIA BEACH, Va.

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