Mesa West Capital has provided a joint venture led by Onicx Group with a $66.3 million first mortgage loan to refinance a newly constructed multifamily community in Orlando, Fla.
The floating-rate loan is secured by Nova at East Park Village, a 264-unit garden-style complex on a 10-acre site at 10403 Via Parco Orienta and was originated by Mesa West Capital’s New York–based team. Completed in August, the property features a mix of one-, two- and three-bedroom units across three midrise residential buildings. The units offer high-end fixtures and finishes, including stainless steel appliances, custom cabinetry, in-unit washer/dryers and private balconies. Residents also enjoy access to resort-style amenities such as a pool with cabanas and a 24-hour fitness center.
Nova at East Park Village is located in Orlando’s master-planned Lake Nona submarket, approximately 12 miles southeast of downtown Orlando. Lake Nona is known for its highly rated school district, vibra
