ORLANDO, FL - Ortsac Capital Group, the private family-office real estate investment firm founded by Bobby and Sofia Castro, is moving forward with its latest Class A luxury development: Oviedo Commons. In partnership with ArchCo Residential, Ortsac will deliver nearly 200 upscale apartment units and 12,650 square feet of ground-floor retail space to one of Central Florida’s fastest-growing suburbs. Construction is scheduled to begin in October.
Located on Alafaya Trail, just south of E. Mitchell Hammock Road, Oviedo Commons will feature four-story, surface-parked apartment buildings with premium finishes and high-end amenities designed for today’s modern renter. The project reflects Ortsac’s continued focus on high-growth markets and long-term value creation through thoughtfully designed, lifestyle-driven assets.
This is the second joint venture between Ortsac Capital Group and ArchCo Residential, following the successful completion of The Reese, a luxury apartment community in Davie, Florida. That project helped solidify the strength of the partnership, combining Ortsac’s strategic investment approach with ArchCo’s deep development expertise.
“We’re proud to continue expanding our footprint with projects like Oviedo Commons,” said Bobby Castro, Co-Founder of Ortsac Capital Group. “This development will offer a top-tier living experience while contributing to the long-term vibrancy of the Oviedo area. With The Reese completed and performing well, we’re excited to replicate that success in another strong Florida market.”
Designed to appeal to a diverse range of residents—from professionals and young families to downsizers—Oviedo Commons will feature spacious floor plans, resort-style amenities, and walkable retail offerings that add daily convenience and lifestyle value to future tenants.
Contractors or partners interested in learning more about the project are encouraged to contact Chris Hughes at chughes@archcoresidential.com.
About Ortsac Capital Group: Ortsac Capital Group is a private family-office and private-equity real estate investment firm founded by Bobby and Sofia Castro. Specializing in value-add and Class A multifamily projects, the firm owns and manages more than $700 million in assets across high-growth markets. With a focus on generational wealth building and capital preservation, Ortsac invests in high-quality 1- to 3-bedroom apartment communities and creates strong partnerships that maximize long-term value.
About ArchCo Residential: ArchCo Residential is a national real estate investment and development firm focused on building high-quality multifamily communities in dynamic U.S. markets. ArchCo brings proven experience and disciplined execution to its projects and partnerships, such as its continued collaboration with Ortsac Capital Group.