CIM Group Expands Portfolio with Acquisition of Overture Hamlin Active Adult Community
CIM Group, in collaboration with a joint venture partner, has recently expanded its investment portfolio with the acquisition of Overture Hamlin, an active adult multifamily community specifically catering to those who are 55 years of age and older. The 180-unit property, situated at 5795 Citrus Village Blvd. in the Winter Garden area to the west of Downtown Orlando, encompasses 157,612 square feet designed to promote an engaging and vibrant lifestyle for its residents.
The community was constructed in 2021 and proffers a variety of sophisticated one- and two-bedroom layouts. These residences are embellished with contemporary finishes that satisfy the desired comfort and style of today’s active adults. To complement the living spaces, Overture Hamlin boasts a comprehensive suite of resort-style amenities. These include a sparkling pool, cozy fire pits, convenient outdoor grills, a state-of-the-art fitness center, a serene yoga studio, and a bocce ball court. For social gatherings and entertainment, the community offers a resident lounge, a gaming area, a theater, and an arts and crafts room. Culinary enthusiasts can benefit from a demonstration kitchen, while the business center aids in addressing professional needs.
A unique aspect of Overture Hamlin is its rich programing that advocates for the physical, intellectual, and social well-being of its residents. This includes a varied lineup of fitness classes, continuing education opportunities, and an array of social events aimed at fostering community spirit and connection.
The strategic location of Overture Hamlin is an asset in itself. Residents have the luxury of easy access to the Hamlin Town Center—a sprawling lakefront development teeming with retail shops, dining options, entertainment spots, and medical services—all within a stone’s throw distance. The setting in Horizon West, heralded as one of the nation’s fastest-growing master-planned communities by the Orlando Economic Partnership, offers an additional layer of convenience and vibrancy to the living experience at Overture Hamlin.
CIM Group’s decision to acquire Overture Hamlin isn’t merely a business move; it’s a response to significant demographic shifts. As the active adult and senior living sector sees a surge in demand, CIM Group continues to demonstrate its 30-year-strong commitment to enriching communities by investing in real estate that resonates with the preferences and lifestyles of the 55+ demographic.
In line with their community-focused investing philosophy, CIM Group applies its extensive real estate expertise to walk in stride with evolving market demands and demographic patterns, thereby enhancing communities across the Americas. This acquisition not only enables CIM Group to meet the housing needs of the burgeoning 55+ population but also reflects the firm’s foresight in recognizing and responding to the demographic trends that drive the real estate sector.