 |
| Patrick Fitzgerald |
MIAMI LAKES, FL (Dec. 27,
2016) – BankUnited announced it closed on a $9 million loan for the purchase of
tax-exempt multifamily mortgage revenue bonds that will fund the construction
of a 100 percent affordable housing apartment complex in Orlando.
The Developer
is Atlantic Housing Partners, L.L.L.P. of Winter Park. The project will be
managed by Concord Management, Ltd.
Westwood Park Apartments
will be constructed on a 12-acre parcel of land located at Westwood Boulevard
and Harbor Vista Drive near SeaWorld Orlando. The rent- and income-restricted
apartment complex will feature 178 units within six, three-story apartment
buildings.
“BankUnited is pleased to
be able to provide financing for another project developed by Atlantic Housing
Partners, a valued and longtime client and leader in providing high-quality
affordable housing throughout Central Florida,” said Patrick Fitzgerald, senior vice president, commercial real estate.
For
a complete copy of the company’s news release, please contact:
Amy Hoffman
Pierson Grant Public
Relations
6301 Northwest 5th
Way Suite 2600
Fort Lauderdale, FL 33309
v. (954) 776-1999 ext. 228
f. (954) 776-0290
ahoffman@piersongrant.com
www.highimpactdigital.com
Facebook at
facebook.com/BankUnited.official and on Twitter @BankUnited.
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