$18.25 MILLION LOAN SECURED FOR APARTMENT COMPLEX

by admin

CASSELBERRY, FLA. — LaSalle Investment Management has borrowed $18.25 million for its 408-unit Harbor at Lake Howell apartment complex. The property, which sits on 34 acres at 1280 Vinings Lane in Casselberry, is 90 percent leased. Apartment amenities include two swimming pools, a tennis court, a fitness center and a business center. Freddie Mac financed the 7-year, adjustable-rate loan. John Rose of Holliday Fenoglio Fowler’s Dallas office and Paul Stasaitis and Elliott Throne of the firm’s Coral Gables, Fla., office secured the loan.

You may also like