CIM Group Acquires 180-Unit Active Adult Community in Orlando
CIM Group, in partnership with a joint venture partner, has announced the acquisition of Overture Hamlin, a 180-unit, 55+ active adult multifamily community located in Orlando, Florida. This acquisition highlights CIM Group’s ongoing strategic focus on the growing active adult and senior living sector, responding to demographic trends that are fueling increased demand for thoughtfully designed housing and lifestyle options tailored to the 55+ population.
Prime Location in Orlando’s Winter Garden Submarket
Overture Hamlin is located at 5795 Citrus Village Boulevard in the Winter Garden submarket, just west of Downtown Orlando. Winter Garden is known for its mix of suburban charm and access to urban amenities, making it a highly desirable area for active adult residents. The property benefits from proximity to major employment centers, retail hubs, dining options, and public recreational spaces, offering residents a lifestyle that combines convenience and leisure.
A key feature of the property’s location is its walking distance to Hamlin Town Center, a nearly two-million-square-foot mixed-use, lakefront development. Hamlin Town Center features retail stores, restaurants, entertainment venues, and medical services, providing residents with easy access to everyday conveniences and recreational opportunities. The center is situated within Horizon West, recognized as one of the fastest-growing master-planned communities in the nation, according to the Orlando Economic Partnership. This prime positioning reinforces the property’s appeal for active adults seeking vibrant, well-connected communities.
Community Features and Amenities
Built in 2021, Overture Hamlin spans 157,612 square feet and offers a modern, resort-style living experience for residents aged 55 and older. The community comprises stylish one- and two-bedroom residences featuring contemporary finishes and thoughtfully designed interiors.
The property is designed to foster engagement, wellness, and a sense of belonging through an extensive range of resort-inspired amenities. These include:
- Resort-style pool and lounge areas for relaxation
- Fire pits and outdoor grilling stations for social gatherings
- Fitness center and yoga studio to support active lifestyles
- Bocce ball court and other recreational spaces
- Resident lounge and gaming area for social interaction
- Theater for movie screenings and live performances
- Arts and crafts room for creative pursuits
- Demonstration kitchen for culinary programs
- Business center supporting residents’ professional and personal needs
In addition, Overture Hamlin offers a variety of fitness classes, continuing education programs, and social events, providing residents with opportunities for physical activity, learning, and meaningful social connections. The community’s design and programming reflect CIM Group’s commitment to creating environments that enhance residents’ overall well-being and sense of community.
CIM Group’s Commitment to Active Adult and Senior Living
The acquisition of Overture Hamlin aligns with CIM Group’s broader strategy of investing in the active adult and senior living sector, which has seen significant growth driven by demographic trends. As the population of adults aged 55 and older continues to rise nationally, demand for high-quality, lifestyle-oriented communities is expected to increase.
CIM Group has a long history of community-focused real estate investing, applying its expertise in owning, developing, repositioning, and operating real estate assets to create value for residents, investors, and local communities alike. Over the past 30 years, the firm has successfully enhanced communities throughout the Americas, combining strategic acquisitions with active management and thoughtful design to deliver lasting impact.
Through its investment in Overture Hamlin, CIM Group continues to demonstrate its ability to identify and acquire properties that meet evolving market needs. The firm’s approach integrates not only financial performance but also the creation of vibrant, amenity-rich communities that enrich residents’ lives.
With this acquisition, CIM Group strengthens its presence in the Orlando market while reinforcing its position as a leading investor in the active adult sector. The property’s combination of location, modern residences, and extensive amenities positions it well to capitalize on the growing demand for active adult communities.
The firm’s investment in Overture Hamlin reflects a forward-looking strategy that anticipates future demographic shifts and lifestyle preferences, ensuring that residents have access to convenient, engaging, and well-appointed communities. By leveraging its experience in community development and property management, CIM Group is well-positioned to support residents’ diverse needs while maintaining long-term value for investors.
In summary, the acquisition of Overture Hamlin underscores CIM Group’s dedication to providing high-quality housing solutions for the 55+ population. With its thoughtful design, comprehensive amenities, and prime Orlando location, the property exemplifies the firm’s commitment to creating communities where residents can thrive.
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