AZTEC ARRANGES $20.7 MILLION MULTIFAMILY LOAN IN FLORIDA

MIAMI LAKES, FLA. — Aztec Group has closed on a $20.7 million permanent loan for Courtyards at Miami Lakes Apartments in Miami Lakes. Located along Cow Pen Road, the 448-unit property was 95 percent occupied at the time of closing. The 10-year loan was funded by Fannie Mae.