Brief
RMWC Provides $37M Construction Loan for Space Coast Waterfront Multifamily
Midtown Capital Partners has secured $37 million in construction financing to build Astor Pointe, a 171-unit multifamily community in Palm Bay, Fla., along Florida’s Space Coast, Commercial Observer c
Summary
Midtown Capital Partners has secured $37 million in construction financing to build Astor Pointe, a 171-unit multifamily community in Palm Bay, Fla.
, along Florida’s Space Coast, Commercial Observer can first report.
RMWC provided the bridge financing, structured as a 24-month floating-rate loan that will see the interest rate decline once construction is complete. The debt […]
Source
- Commercial Observercommercialobserver.com
