FORT LAUDERDALE, FL-The Grandbridge Real Estate Capital's Fort Lauderdale office has arranged and closed a first mortgage loan worth $19.9 million received by The Colonnade at Sawgrass.
BB&T Real Estate Funding offered the bridge debt to the 212-key garden-design multifamily community in Sunrise. The Class B community, which sits on a 54.8-acre site, comprises eight residential buildings and a clubhouse with three-, two- and one-bedroom units.For the full story, go to Florida Real Estate Journal.
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