Orlando is one of the strongest residential markets in the U.S. as evidenced by its strong population and employment growth and it was recently named by Forbes as the no. 3 city in the country which to invest in residential real estate. The sites are strategically located on the future growth path of the city adjacent to the International Airport and Lake Nona (one of the most successful residential communities in the US) with the University of Central Florida, Disney & NASA all within a short drive. FL's principals acquired these sites on an attractive deferred consideration basis alongside an experienced local development partner.
Mattamy Homes, North America’s largest private house-builder, recently made a substantial investment in the Starwood site and has signed a partnership agreement with FL and its local development partners in relation to the future development of this asset.