Apartment owner refinances property for more than $50 million

Owners of The Grove at South Shore in Riverview refinance the property bought in 2014

  • By Louis Llovio
  • | 4:10 p.m. December 13, 2021
  • | 0 Free Articles Remaining!
Owners of The Grove at South Shore have refinanced the property
Owners of The Grove at South Shore have refinanced the property
  • Tampa Bay-Lakeland
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RIVERVIEW — Beachwold Residential, the owners of a 340-unit Riverview apartment community, have refinanced the property for $53.77 million.

The loan was arranged by JLL Capital Markets. The seven-year, non-recourse loan is through Freddie Mac, according to a statement. 

 

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