Toll Brothers, through its Toll Brothers Campus Living student housing rental division, and The Davis Companies have announced a new joint venture to develop Aperture, a 680-bed (204-unit), two-building, five-story multifamily rental community in Orlando, Fla., adjacent to the University of Central Florida (UCF). The project is being financed through a $50 million construction loan facility from TD Bank, N.A. The equity and debt were arranged by Toll Brothers’ in-house finance department.
Aperture is located at 12727 East Colonial Drive on 8.2 acres in proximity to UCF. The community will consist of 204 rental apartments and will feature a state-of-the-art fitness center, an e-sports gaming center, computer lounge with printing, content creation studio, LuxerOne Package Locker System, courtyard with cabanas, grills and firepits, and a resort-style pool with sun shelf. Residents will have access to a private five-minute shuttle to campus, as well as a parking garage that wil
