145
TAMPA, FLA. — Preferred Apartment Communities (PAC) has acquired Overlook at Crosstown Walk, a 180-unit apartment community in Tampa. PAC acquired the asset through a wholly owned subsidiary and financed the acquisition using a $22.2 million, fixed-rate Fannie Mae loan. Berkadia Commercial arranged the seven-year loan with a fixed interest rate of 3.95 percent and a 30-year amortization schedule. Other terms of the transaction were not disclosed. Constructed in 2016, Overlook at Crosstown Walk features a pet washing station, fitness center, pool, business center and a clubhouse.