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State: Florida - FL

Crestwood Apartments

Envolve Communities has bought the Crestwood Apartments, a 216-unit complex in St. Cloud, Fla., for $34.3 million, or $158,796/unit. The Montgomery, Ala., multifamily investor purchased the property from an undisclosed seller. It last sold in 2010 for $5 million. Crestwood ...

Beacon 430

The property is encumbered by a $55 million loan that's securitized through FREMF, 2019-K101. The fixed-rate loan pays a 3.69% coupon and is locked out from prepayment until June 2029, three months before its scheduled maturity. Beacon 430 was 96% ...

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