Upscale Tampa Community Scores $48M Loan

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Per Yardi Matrix data, the developer broke ground in 2018, when it took out a $15.3 million loan from Community Bank of Texas to finance the construction of the structure. Located at 1197 W. Broad St.

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Dougherty Mortgage closed a $4 million loan for the acquisition of Spanish Chase, a 77-unit community in Irving, Texas. The mortgage banking firm arranged the 12-year Fannie Mae loan through a.

Cardone Capital has purchased Woodway Square, a 507-unit luxury community in Houston. the new owner assumed the outstanding balance of a $65.6 million loan, held by Fannie Mae and originated by M&T.

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The Hamptons Luxury is a 651-unit multifamily property located in Beachwood, Ohio, which Millennium has been owning together with forest city enterprises. The four-building community was subject to.

Working on behalf of a fund advised by Abacus, HFF placed the floating-rate loan via revolving credit facility with Freddie Mac’s CME Program. The loan will be serviced by HFF through the Freddie Mac.

Upscale Tampa Community Scores $48M Loan The recently completed 381-unit Peridot Palms is located in St. Petersburg and previously benefited from a $42.7 million loan originated by Branch Banking.