search

The Real Deal Logo

Trending

Trump accused of making false statements about $50M Chicago tower loanTrump accused of making false statements about $50M Chicago tower loanHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudHGTV’s “Mr. Flip It” gets four years in jail for $10M fraudMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loanRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlords
Residential
South Florida

Encore launches vacation-oriented condo development at Orlando resort

The Boca Raton-based firm plans a 296-unit development called Spectrum+ at Reunion Resort with unit prices starting in the $350,000s

Art Falcone
Art Falcone

Encore Capital Management launched a development of condos at an Orlando resort that the Boca Raton-based firm will market as vacation homes.

Led by developers Art Falcone and Neil Eisner, Encore is developing Spectrum+ at Reunion Resort, 296 condos with floor plans ranging from 2,138 square feet to 3,055 square feet and with prices starting in the $350,000s.

Third-party companies will rent out Spectrum+ units on behalf of the owners when they are not using them.

Sign Up for the undefined Newsletter

Spectrum+ at Reunion Resort condos will have nine-foot ceilings, granite tile in living areas and kitchens with granite counters and stainless-steel appliances.

Encore will offer owners a social club membership that allows access to three golf courses and six restaurants at Reunion Resort.

Reunion Resort includes a five-acre water park with eight community swimming pools, a clubhouse with a gym, a playground and a convenience store.

OneWorld Properties is exclusively marketing the units at Spectrum+ at Reunion Resort, located within minutes of major theme parks in Orlando. – Mike Seemuth

Tags
Encore Capital Management