SunTrust Provides $75M Refinancing Loan for Waterfront Apartment Community in Tampa
TAMPA, FLA. — SunTrust Bank has provided a $75 million refinancing loan to The Related Group for a 396-unit waterfront apartment community in Tampa. Town Westshore, located at 5001 Bridge St. fronting Old Tampa Bay, offers communal amenities such as a clubhouse with catering kitchen, bay-front health spa, swimming pool, water walkway, electric car charging stations and a controlled-access parcel room with refrigerated storage for grocery deliveries. The loan was provided to refinance an existing construction loan. First residents moved into the building in March of this year.