In 2018 Blue Heron secured an opportunity to invest as co-GP in the development of a well-located, 300-unit garden-style apartment community in the Maitland submarket of Orlando. The project is located on a lake in a high-end suburban community in north Orlando, with proximity to over 12 million sq. ft. of office space (more than the Orlando CBD). The developer is a group with whom Blue Heron has invested in four other projects over the past five years.
Closing on the land occurred in May of 2018 and sitework is underway.