Avison Young has secured a $70.5 million bridge loan for CitiTower, a 233-uit multifamily community in Orlando, Fla. Principal George Vail worked on behalf of East SDG CitiTower LLC to arrange the financing through Asia Capital Real Estate. The three-year loan has an interest-only amortization schedule.
Avison Young Arranges $71M Bridge Loan for Orlando Community
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Avison Young has secured a $70.5 million bridge loan for CitiTower, a 233-uit multifamily community in Orlando, Fla. Principal George Vail worked on behalf of East SDG CitiTower LLC to arrange the financing through Asia Capital Real Estate. The three-year loan has an interest-only amortization schedule.