Friday, September 10, 2010

$47.2M loan secured for apartments - Orlando Business Journal:

http://www.sbsn.net/authors/author-423.html
Village at Secret Lake LP closee ona $47.2 millio n construction permanent loan May 12 to finance the Village at Secret Lake near the Orange Lake Country Osceola County records show the project is bein g built on a portion of the property that previously was an RV park on the south side of U.S. Highwayy 192 and the Daniel WebsterWesternn Beltway. Carolyn Whatley, first vice president and senior loan originatorrfor ’s Palm Beach office, brokered the -insures loan.
It is the largest transaction processes through the Jacksonvillethis year, according to a news The $56 million Village at Secret Lake is plannec for 12, four-story buildings with featuring a conservation area, putting green, tot lot and oversized resort-style The project broke ground two weeka ago and is slated for completion November 2010. Pa.-based James S. Carr, AIA & Associated LLC is the architect andJacksonvill Beach-based LLC is the generao contractor.

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