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Plenty of capital, few easy deals: The multifamily market in Orlando navigates a mixed outlook for 2026

Investor appetite improved earlier this year, but flat rents and conservative underwriting signal a challenging near-term environment.
<i>The Colburn in Celebration sold in March as one of the year’s top transactions: $120.5 million, or $401,667 per unit. (CoStar)</i>
The Colburn in Celebration sold in March as one of the year’s top transactions: $120.5 million, or $401,667 per unit. (CoStar)
CoStar Analytics
November 20, 2025 | 7:06 P.M.

With $2.5 billion in multifamily transactions year to date, Orlando has cemented its spot as one of the nation’s top 15 markets for trailing-year sales and the leading market in Florida. While the environment remains challenging, industry participants say liquidity is strong and investor confidence persists, even as underwriting grows more conservative.

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