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| Arbor Lakes apartments, 6161 Memorial Highway, Tampa, FL |
MIAMI, FL – HFF announced today that it has arranged
financing for Arbor Lakes, a 356-unit, garden-style multi-housing
community in Tampa, Florida.
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| Elliott Throne |
HFF worked exclusively on behalf of The Laramar Group to
secure the loan through Redwood
Commercial Mortgage Corporation, a subsidiary of Redwood Trust, Inc (NYSE:
RWT).
The property is located at 6161 Memorial Highway near
Veterans Expressway and Interstate 275 and the Westshore business district
northwest of downtown Tampa. The
property includes studio, one- and two-bedroom units. Community amenities include a resort-style swimming pool with
sundeck, 24-hour fitness center, playground, picnic area and internet café.
The HFF debt placement team representing the borrower was
led by director Elliott Throne along with senior managing director Jay
Marshall.
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| Jay Marshall |
“Redwood provided Laramar with a great all-in-one loan
structure. Even in the rising interest rate environment, Redwood was able to
maintain proceeds and deliver a solid execution” stated Throne.
The Laramar Group targets investment, management and
development opportunities for multifamily, mixed-use, student and seniors
housing properties across the United States.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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