ORLANDO, FL - Knightvest Capital, a vertically integrated multifamily investment firm, announced the acquisition of the Cortland Vera Sanford community in Orlando, Florida. This successful close represents the ninth investment in Knightvest's Fund II, which remains open to new investors through 2025.
Built in 2018, the 332-unit apartment community is located in Sanford, Florida, a high-income suburb of northern Orlando. The property features a unique mix of units, including two-story townhomes with attached garages. Knightvest plans to renovate the majority of the units and make substantial upgrades to the community's amenities and common spaces. As part of the renovation efforts, Knightvest has renamed the community to The Walton.
"This acquisition reflects our continued strategy of targeting high-quality, differentiated multifamily assets in growing Sun Belt markets," said David Moore, Knightvest founder and CEO. "With a steady influx of new residents, strong job creation, and limited new supply driving sustained demand for quality housing, Orlando exemplifies the kind of high-growth Sun Belt market we target. We're excited to expand our presence in the region and implement our proven strategy at The Walton by elevating a community through thoughtful renovations."
The property's low-density footprint and proximity to major employment hubs underscore its appeal in a market where replicating such a product has become increasingly cost-prohibitive. The acquisition extends Knightvest's footprint in Central Florida, with additional Orlando-area opportunities in the pipeline.
Source: Knightvest Capital