HomeBriefs

Brief

Affinius, Axonic Provide $43M Construction Loan for Sarasota Multifamily Complex

Allen Morris Company has secured $43 million in construction financing to build the second phase of Bayside North, a seven-story, 96-unit luxury residential complex in Sarasota, Fla., Commercial Obser

Summary

Allen Morris Company has secured $43 million in construction financing to build the second phase of Bayside North, a seven-story, 96-unit luxury residential complex in Sarasota, Fla.

, Commercial Observer can first report.

Affinius Capital and Axonic Capital provided the construction debt. No broker was listed on the transaction. Eric Cohen, Affinius Capital’s co-head of debt […]

Source