AXA IM Alts has acquired a 285-unit multifamily asset in Florida on behalf of clients. Strategically located in Orlando, the asset was acquired through a joint venture between AXA IM Alts and RPM Investments. RPM will operate the day-to-day management of the asset.
Known locally as Vida at Health Village, the asset offers newly built apartments which were completed in 2022. The property comprises a mix of studio, one-, two- and three-bedroom units across seven stories. All units feature high-end finishes and utilize smart-home technology including electronic entry door hardware and connected thermostats. Residents have access to wellness- and community-focused amenities, including a heated pool, a 24/7 fitness center, a pet grooming studio and a games lawn. The asset also has a rooftop terrace with views of downtown Orlando, a wine bar and a café, a ride share waiting area, and electric car charging stations.
Located within Health Village, a 172-acre mixed-use develop
