Northshore Development has lined up $55.95 million of mortgage financing and preferred equity for its construction of the 272-unit Eastshore Apartments in Palm Bay, Fla. The capital was arranged by Colliers and was comprised of a $39.75 million construction loan ...
Commercial Real Estate Direct Staff Report American Landmark Apartments has paid $48.5 million, or $151,563/unit, for the 320-unit Vinings at Palm Bay in Palm Bay, Fla. The Tampa, Fla., company bought the apartments from Abacus Capital Group, a New York ...
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