$520 Million C-Pace and Mortgage Financing for Luxury Condominium
Two Roads Development
Representation of a Florida real estate developer in the negotiation of $520 million in construction financing for a branded luxury condominium in Tampa, Florida known as The Pendry. The complex financing consisted of a specialized $290 million C-Pace loan and a $230 million senior mortgage loan facility, with the C-Pace financing comprising the largest such financing to have closed in Florida at the time.
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