Royal Palm, Mattoni Group to Develop 320-Unit Multifamily Project in Orlando’s Lake Nona Region, Royal Palm at Lake Nona

1/31/2025

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REBusinessOnline

• Subcategory: Capital Markets: Debt, Capital Markets: Fund, MF: Market Rate

• Tag: JV-Partnership | New Construction

• Additional Filters-Subcategory: Capital Markets: Debt-Construction Loan, Capital Markets: Preferred Equity, MF: Garden

• Company: Forum Architecture & Interior Desig

A partnership between Royal Palm Cos. and Mattoni Group has announced the development of Royal Palm at Lake Nona, a 320-unit garden-style multifamily development located in southeast Orlando. Funding for the Class A project totaled $94.3 million, including a $56.6 million construction loan and $17 million in preferred equity.