Ruskin apartment community refinanced for $56 million

The owners of a 300-unit Ruskin apartment complex have refinanced the property for $56.62 million. 

The three-year floating rate loan was issued by Mesa West Capital to pay off a previous construction loan, says Berkadia, which arranged the financing. 

The Easton Riverview, the community, is at 14471 Stagedoor Johnny Place. 

It has one-, two-and three-bedroom floor plans ranging from 821 square feet to 1,487 square feet. Rents, according to the community’s website, range from $1,599 per month for the smallest units to $2,254 per month for the largest. 

The Easton, which was built in 2023 and sits on 15.51 acres, is the only apartment community in the 932-acre Belmont master-planned community in southern Hillsborough near Manatee County. 

Berkadia’s Scott Wadler, Mitch Sinberg and Bryan Brown represented the owners, a joint venture between Cross Lake Partners of New York, GreenPointe Holdings of Jacksonville and Rivers Residential LLC of Atlanta.