Kissimmee, FL – December 19, 2024 – AMAC, a national real estate developer and investor, today
announced the groundbreaking of their latest multifamily development in Kissimmee. The building is
being developed by AMAC, a New York based real estate development firm, and is located at the
Southeast Corner of West Carroll Street and West Donegan Avenue. The development comprises 380
units and is expected to be completed in Q1 2027. The firm simultaneously closed on $74 million of
construction financing in partnership with Ocean Bank and PCCP to develop the project.

West Carroll Kissimmee is a 3 and 4 story garden style development that will include 380 units offering a
mix of one to three-bedroom apartments. Each apartment will be equipped with modern features including
stainless steel appliances, stone counters, in-unit washers and dryers, and custom lighting and plumbing
features. The clubhouse will offer its residents a suite of luxury amenities including a professional gym,
pool, outdoor lounge, club room, private offices for resident use, grilling stations, pickleball courts, dog
park, outdoor yoga, and a game room. The property will have detached parking garages and scenic
ponds with walking paths for residents.

“We are excited to commence construction on Kissimmee West Carroll and believe we are delivering yet
another high-quality, new rental community to a rapidly growing submarket in Orlando” said Maurice
Kaufman, Managing Principal at AMAC. “This project shows our continued commitment to making
investments throughout all of Florida.”

The Project expands AMAC’s presence in Florida to the Orlando market. AMAC has been active in
developing projects in southeast Florida, including Biscayne 112, a 402-unit multifamily property located
at 11200 Biscayne Boulevard, Arvella, a 290-unit multifamily property located at 17990 West Dixie
Highway in Ojus, Griffin 441, a 180-unit multifamily property located at 4465 Griffin Road, and 3151-3251
N Federal Hwy in Pompano Beach, a 302-unit multifamily project targeted for groundbreaking in Q2 2025.

For more information about AMAC, visit the website at www.amacholdings.com

About AMAC
AMAC is a national real estate investor and developer with a long-term opportunistic focus in commercial
real estate founded on the principles of hard work and discipline. AMAC’s entrepreneurial spirit and strong
capital commitment have allowed for the successful execution on a wide variety of investment
opportunities. For more information, contact Jeremy Forman at [email protected].

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