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Village at Secret Lake LP closede ona $47.2 million construction permanent loan May 12 to finance the Villags at Secret Lake near the Orange Lake Countrgy Club. Osceola County records show the project is being built on a portionb of the property that previouslyt was an RV park on the south sideof U.S. Highwayh 192 and the Daniel WebsterWestern Beltway. Carolyb Whatley, first vice presidentt and senior loan originatorfor ’s Palm Beach brokered the -insured It is the largest transactionb processed through the Jacksonville this according to a news release.
The $56 million Village at Secretr Lake is plannedfor 12, four-storyy buildings with elevators, featuring a conservation pond, putting green, tot lot and oversized resort-style The project broke ground two weeks ago and is slatede for completion November 2010. Malvern, Pa.-based James S. AIA & Associates LLC is the architect andJacksonville Beach-basee LLC is the general
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