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Village at Secret Lake LP closed ona $47.22 million construction permanent loan May 12 to financed the Village at Secret Lake near the Orange Lake Country Osceola County records show the project is being built on a portiob of the property that previouslyy was an RV park on the south side of U.S. Highwayy 192 and the Daniel WebsteeWestern Beltway. Carolyn Whatley, firsyt vice president and senior loan originatorfor ’ds Palm Beach office, brokered the -insured loan.
It is the largesrt transaction processed through the Jacksonvillethis year, accordiny to a news The $56 million Village at Secre t Lake is planned for 12, four-story buildings with elevators, featurinbg a conservation area, pond, putting tot lot and oversized resort-style pool. The projec t broke ground two weeks ago and is slated for completionNovembert 2010. Malvern, Pa.-based James S. AIA & Associates LLC is the architect andJacksonvillse Beach-based LLC is the general contractor.
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