Brief
GID Provides $125M Construction Loan for St. Petersburg Multifamily Tower
PTM Partners has secured $125 million of construction financing to build Edge Collective II, a 330-unit multifamily tower that represents the second phase of a broader mixed-use development in Downtow
Summary
PTM Partners has secured $125 million of construction financing to build Edge Collective II, a 330-unit multifamily tower that represents the second phase of a broader mixed-use development in Downtown St.
Petersburg, Fla.
, according to a release. An affiliate of General Investment and Development (GID) provided the debt, structured as a three-year, floating-rate loan, while […]
Source
- Commercial Observercommercialobserver.com
