$37.5 Million In Acquisition Financing Secured For Tavalo TraditionFinancing Secured For ‘Tavalo Tradition’ Build-To-Rent Townhome Community In Port St. Lucie

Berkadia has recently marked a significant milestone by orchestrating acquisition financing for Tavalo Tradition. Situated in Port St. Lucie, Florida, this 216-town home build-to-rent community is part of the Tradition Master Planned Community. GTIS Partners oversees the buyer’s entity. The financing is a forward acquisition loan supplied by a national bank. It will be allocated incrementally, synchronized with K. Hovnanian’s construction progress, anticipated to span until mid-2024.

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Canvas GWX Townhome Community Breaks Ground Near The 50-Acre GasWorx District In Ybor City, Tampa

In a groundbreaking ceremony yesterday, the transformation of Ybor City took its first step as construction commenced on Canvas GWX, a community of townhomes with an “industrial chic” aesthetic. This residential project, located at 1218 East Kay Street – just outside the 50-acre GasWorx district, is poised to kickstart a wave of redevelopment in the heart of Tampa.

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