Built in 1972, City Ridge Apartments is a 288-unit apartment property located in Jacksonville, Fla.

KeyBank Arranges $12.3M Loan for Apartment Complex in Jacksonville

by John Nelson July 14, 2016

July 14, 2016

JACKSONVILLE, FLA. — KeyBank Real Estate Capital has arranged a $12.3 million loan for City Ridge Apartments, a 288-unit property in Jacksonville that was built in 1972. Tom Peloquin of KeyBank’s commercial mortgage group arranged the loan, which was used to refinance a bridge loan used to acquire the property in September 2015.

Carey Watermark Investors 2 Purchases San Jose Marriott in Silicon Valley for $154M

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KeyBank Arranges $12.3M Loan for Apartment Complex in Jacksonville

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