KABR Group Buys 200-Unit Broadstone Overlands in Clermont From Alliance Residential Company in JLL-Arranged Deal

ORLANDO, Nov. 11, 2026 — KABR Group has acquired Broadstone Overlands, a 200-unit Class A multifamily community in Clermont, Florida, from Alliance Residential Company, in a transaction on which JLL Capital Markets represented the seller and arranged the buyer's financing. The deal marks KABR Group's first acquisition in the Orlando market.

The sale price was $44.5 million, or approximately $222,500 per unit. JLL arranged five-year acquisition financing for KABR Group through Freddie Mac, with a $35.6 million loan provided through JLL Real Estate Capital. The loan equates to roughly 80% of the purchase price.

Broadstone Overlands Property Details

Broadstone Overlands is located at 5000 Collina Terrace in Clermont, within Plaza Collina, along W Colonial Drive. Completed in 2024, the community comprises 10 residential buildings on a 10-acre site and was 92.5% occupied at closing, JLL announced.

The unit mix includes one-, two- and three-bedroom apartments, along with three-bedroom/3.5-bathroom town home units. According to JLL, unit finishes include fully equipped kitchens with stainless steel appliances, two-tone custom kitchen cabinets, entertainment-sized kitchen islands, quartz countertops with tile backsplashes, single-basin sinks and luxury plank-style flooring with carpeted bedrooms.

Community amenities listed by JLL include a pool with cabanas, a fitness center with boxing facilities, a yoga studio with Echelon bikes, a Trailside Terrace outdoor lounge with fire pit and games, bocce ball and cornhole courts, outdoor kitchen and grilling stations, a clubhouse with fireplace and lounge areas, a conference room and micro offices, dog parks, and gated access-controlled parking with private garages available and EV charging stations. A Hub & Spoke lounge offers bike storage and repair tools, and the community provides complimentary bike rentals.

The property has direct gate access to a 22-mile regional trail system. JLL said Broadstone Overlands is the only multifamily property in Clermont with step-outside connectivity to both the South Lake and West Orange Trail networks. Plaza Collina includes retailers such as Costco, Dick's Sporting Goods and Floor & Décor, and the property has access to Florida's Turnpike, Colonial Drive and SR-408.

Alliance Residential Company developed the community in partnership with Koch Real Estate Investments. The company purchased the 10-acre site for $3.66 million in November 2022 and obtained $35 million of construction financing from Pinnacle Bank.

JLL Capital Markets Teams and Deal Commentary

The JLL Capital Markets Investment Sales and Advisory team representing the seller was led by Directors Ted Taylor and Kyle Butler. JLL's Capital Markets Debt Advisory team that arranged the financing was led by Senior Managing Directors Melissa Quinn and Lee Weaver and Vice President Rob Rothaug.

"We executed this transaction during a challenging time in the market, which is both a testament to our seller and buyer," said Taylor. "Alliance delivered an incredible asset that KABR recognized. Broadstone Overlands represents one of the most compelling multifamily opportunities in Central Florida, a boutique 200-unit community with direct trail access, premium finishes and positioning in one of Orlando's fastest-growing corridors. This marks KABR Group's first acquisition in the Orlando market, validating both the sponsor's confidence in the region and the exceptional quality of the asset."

Adam Altman, co-founder and president of KABR Group, said: "Location was a big part of what drew us to Broadstone Overlands. Residents have direct access to the South Lake Trail and are close to local schools, shops and restaurants. We're excited to enter the Orlando market with a community that reflects our focus on quality properties in locations with strong long-term fundamentals."

Clermont Market Fundamentals

JLL's announcement cited limited recent competition near the property, with only three other market-rate apartment deliveries in the last five years within a three-mile radius and one identified competing lease-up project. The firm said Clermont's population grew 69% from 2010 to 2025, with an additional 12% growth projected through 2030.

JLL reported average resident household income of $127,627 in the surrounding market, with residents earning five times the average leased rent and homeownership costs 63% higher than renting at Broadstone Overlands. Niche.com ranks Clermont No. 1 Best Place for Young Professionals and No. 2 Best Place to Live in Lake County.

Orlando Multifamily Market Context

The reported price of roughly $222,500 per unit is close to the Orlando multifamily market's 2026 average of about $225,533 per unit. The market's average cap rate was approximately 5.3%, within a range of 4.5% to 6.0%, about 120 basis points above the 2022 low.

Orlando absorbed 1,235 units in the third quarter of 2026, with vacancy at 5.3% and average rent of $1,729, up 0.1% year over year. Orlando recorded 1,443 completions in the third quarter, down sharply from the prior year, and trailing-12-month deliveries fell 32%. Units under construction equaled 4.2% of metro inventory, with construction concentrated in Ocoee, Winter Garden and Clermont, where it represents 10.4% of local stock. Permitting has fallen to roughly half its five-year average.

Stabilized occupancy in the market reached 92.4% in the second quarter of 2026, up 40 basis points year over year, while average Orlando rent was $1,746 per month, down 1.4% year over year. Orlando sales volume reached nearly $400 million through the second quarter of 2026.

About the Parties

KABR Group was founded in 2008 and targets value-added, opportunistic, special situations and development real estate investments, primarily in the New York metropolitan and southeastern regions of the U.S. The firm has raised six funds, has acquired over 4,000 multifamily units, and holds land entitled to build approximately 6,000 multifamily units.

Alliance Residential Company, founded in 2000, develops, acquires and manages multifamily communities across the U.S. and has developed and acquired more than 60,000 apartment units. Its Broadstone brand was established in 2001.

JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

Sources

• JLL Newsroom: KABR Group acquires Florida multifamily community; sale and financing arranged by JLL Capital Markets