The Allen Morris Company Announces $47.5 Million Refinancing of Mixed-Use Maitland City Centre with New York Life Insurance Company
MAITLAND, FL - The Allen Morris Company (AMCO), one of the largest diversified real estate firms in the Southeast, announced the $47.5 million refinancing of Maitland City Centre in Maitland, Fla. Maitland City Centre is a mixed-use community located just north of Orlando, consisting of 244 residential apartments and 33,500 square feet of retail space. The new loan was provided by New York Life Insurance Company and replaced the existing construction loan provided by Truist and TD Bank. The refinancing allows ownership to continue executing its business plan on this Class A asset. Walker & ...
Source: multifamilybiz.com