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Aventon Breaks Ground on Fifth Orlando, Florida, Multifamily Development as Area Rents Fall

Luxury Apartment Complex To Add Nearly 350 Units in Supply-Flooded Market

Aventon Isabelle opened near the site of Aventon Cos.' latest development and has struggled to fill units as it remains more than 60% vacant. (CoStar)
Aventon Isabelle opened near the site of Aventon Cos.' latest development and has struggled to fill units as it remains more than 60% vacant. (CoStar)

Multifamily developer Aventon Cos. has begun construction on the latest of its five luxury apartment complexes in the Orlando, Florida, area as the market is awash in new supply that is far outpacing current demand and putting negative pressure on rents.

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