The active adult community will feature 178 apartments and over 7,500 square feet of
amenities space, while the retail center will include 13,000 square feet of prime retail catering to residents and the surrounding community.
LAKE MARY, FL, (November 10, 2025) – ZOM Living, one of the nation’s leading multifamily
developers, in partnership with Miami-based Mattoni Investments and Orlando-based The Wideman
Company, has officially commenced construction on Azalea Lake Mary, a 178-unit, active adult 55+
community located in Seminole County, Florida. Designed for residents aged 55 and over, Azalea Lake
Mary will deliver a modern, amenity-rich lifestyle experience in Lake Mary, one of Central Florida’s
most desirable suburban markets. Berkadia advised on the capitalization of the project which
consisted of $47.8M in financing. Verdex Construction will be the general contractor and the
community is slated to deliver in early 2027.
“Positioned within one of Seminole County’s fastest-growing suburban markets, Azalea Lake Mary
will offer residents a thoughtfully designed and curated living experience for today’s active adults
defined by convenience, connection and comfort,” said Greg West, CEO of ZOM Living. “The
community’s robust outdoor and indoor amenity offerings will create the perfect setting for residents
to enjoy active and healthy lifestyles.” Ricardo Capital, CEO of Mattoni Group, added “We are thrilled
to partner with ZOM and The Wideman Company to offer this new 55-plus community, which will be
a welcoming haven where residents can build lasting friendships and enjoy a true sense of belonging.”
Designed by MSA Architects and interior designer One Line Design Studio, Azalea Lake Mary is a four-
story, garden-style community comprised of a single residential building surrounded by lush landscaping and anchored by a private courtyard. The property will include 110 one-bedroom and 68 two-bedroom apartments, with an average unit size of 935 square feet. Stylish apartments will feature kitchens with quartz counter tops with tile backsplash, stainless steel appliances, designer lighting, full-size washer and dryer, walk-in closets, and private balconies and patios.
Specifically designed for residents aged 55 and over, Azalea Lake Mary will feature over 7,500 square
feet of indoor amenities including a fitness center, movement studio, sports lounge, game room, arts and crafts room, and an open multipurpose room for social events. Outdoors, the community boasts numerous amenities including a resort-style, heated pool, event lawn, covered pergola with BBQ grills and a pizza oven for resident enjoyment. Additional conveniences will include Amazon Lockers, electric vehicle charging stations, rentable storage units, detached garages, and bike racks.
Azalea Lake Mary will offer active adult residents the convenience of a maintenance-free lifestyle
within a vibrant and connected community. The project combines high-quality apartment living with
curated amenities, wellness-focused spaces, and built-in opportunities for social engagement, responding to the growing demand for age-restricted housing that prioritizes independence, comfort, socialization and accessibility.
Located directly south of the residential building, Market at the Mary will add a 13,086-square-foot
neighborhood retail center that will complement the residential development. The freestanding,
single-story retail building will include six suites ranging from approximately 1,600 to 3,600 square
feet each and designed with brick-paved outdoor dining space, painted stucco and brick finishes, and
expansive storefront windows. Retail spaces are slated to host a curated mix of tenants, with a focus
on food and beverage and health and wellness services that will cater to the community residents
and the surrounding neighborhood.
Azalea Lake Mary and Market at the Mary will be situated along International Parkway, a prominent
and vibrant commercial corridor that connects State Road 46 with Lake Mary Boulevard. The location provides excellent visibility for both residents and retail tenants given the convenient access to
nearby shopping, dining, along with direct access to the Seminole-Wekiva recreational trail.
About ZOM Living
ZOM Living is a recognized leader in the development of multifamily communities across the United
States. Over its 48-year history, ZOM has developed over 25,000 apartment units nationwide with
total capitalization of over $7.5 billion. With a longstanding commitment to quality, innovation, and
impactful designs, ZOM Living has gained a reputation for excellence through award-winning
projects. The company has garnered more than 215 industry awards, including the Development
Firm of the Year award by both Multi-Housing News and NAHB. ZOM Living operates regional
development offices in Boston, Dallas, Fort Lauderdale, Nashville, Orlando, Phoenix, and Raleigh, and
continues to actively expand its pipeline of visionary developments. To explore more about ZOM
Living’s portfolio and initiatives, visit www.zomliving.com.
About Mattoni Investments
Mattoni Group, led by Ricardo Caporal, has invested in over 7,000 multifamily units in the Southeast
United States, plus tens of thousands of square feet of commercial space. Founded in 2008, Mattoni
Group is a private equity real estate investment firm that specializes in placing equity with
experienced operating and development partners working on transformative projects. Caporal has
over 15 years of private equity real estate investment and management experience. Under his
direction, Mattoni Group has amassed an impressive, diversified portfolio, with multifamily assets
comprising the bulk of the portfolio. To date, Caporal has taken leadership roles in over $3 billion in
capitalized transactions and currently manages several funds. For more information, visit
www.mattonigroup.com.
About The Wideman Company
The Wideman Company is a cash flow driven, high-touch real estate investment company that
identifies opportunity through tenant relationship building, strategic market selection, and
operational precision, to deliver exceptional returns for its investors. The Wideman Company
employs a unique set of skills to work though complex or distressed situations to align financial,
operational, and physical components of assets to generate outsized returns. For over 50 years, The
Wideman Company has carefully refined its relationships and asset management infrastructure. This
attention to process improvement and tactical relationship management allows The Wideman
Company to achieve a value that other sponsors and operators are unlikely to replicate. The Wideman
Company has a storied track record of maximizing financial freedom for investors and extracting
extraordinary outcomes. The Wideman Company has built a portfolio spanning 6 million square feet
of space. Based in Orlando, Florida, The Wideman Company efficiently manages approximately $1.2
billion of commercial real estate throughout the Southeast and Sunbelt states.