The Allen Morris Company Closes on $83 Million | MultifamilyBiz.com
MIAMI, FL - The Allen Morris Company, and its partner, the Alaska Permanent Fund Corporation, advised by L&B Realty Advisors, has closed on an $83 million construction loan and commenced construction on its signature Bayside Sarasota development. The loan was provided by Kennedy Wilson. Longboat Group will oversee leasing and management once complete. Located in Sarasota, Florida, one of the State’s fastest growing areas, Bayside Sarasota is the initial phase of a broader mixed-use...
Source: multifamilybiz.com