Lincoln Property secures $74.8m in financing for downtown Orlando scheme

Lincoln Property Co. has secured a $74.8 million construction loan for the development of the 26-story Church Street Plaza project in downtown Orlando. Trez Forman Capital Group provided the funding for the mixed-use scheme. Trez Forman Capital Group is a joint venture formed in 2016 by Palm Beach-based Forman Capital and Vancouver-based Trez Capital Group, one of Canada’s largest private commercial mortgage lenders. Plans call for a 200,000 sqf Class A office space, a ground-floor restaurant and bar/lounge area to be located on the Sky Terrace and a parking garage. The project will connect to the Church Street Station SunRail stop. Lincoln Property recently purchased two downtown Orlando properties adjacent to the project, the Cheyenne Saloon and Hamburger Mary’s for $5.5 million, this past October.

“We are thrilled to expand our footprint to Orlando, which leading developers like Lincoln have identified as a strong market that is ripe for mixed-use, urban development,” said Brett Forman, President and CEO of Trez Forman. “Our team has enjoyed working with Lincoln and is looking forward to expanding the relationship in 2018 and beyond.”