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ORLANDO, FLA. — PCCP LLC has provided a $92.5 million construction loan for Emi on 50, a 336-unit apartment development located at 1840 E. Colonial Drive in Orlando’s Mills 50 neighborhood. The borrower is Terian Development.
Set for completion in second-quarter 2028, the nine-story community will offer studio, one-, two- and three-bedroom units averaging 895 square feet in size, with 20 apartments designed as live/work units and 15 planned as two-story townhomes. Amenities will include a fitness center, speakeasy and a café, as well as a rooftop deck with a pickleball court, pool, grilling stations and a Zen garden.