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PO Box 1212 Tampa, FL 33601 Pinellas Updated November 2024
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RETURN TO NEWS INDEX Built-to-rent townhouses in Seffner sold to South Florida investors Bayshore Investment Partners, based in Coral Gables, has acquired Laurel Lakes, a 68-unit townhome development, for just over $18 million or $265,000 per unit. Berkadia arranged an $11.83 million loan for the acquisition. Federal National Mortgage Association, or Fannie Mae, issued a five-year, fixed-rate loan at 5.1%, featuring full-term interest-only payments, according to Berkadia.
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