Brandon Town Center

Brandon, FL
New Construction

$71,450,000

UNITS: 660
DAN GORCZYCKI
DAN GORCZYCKI
Managing Director
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Overview

Dan Gorczycki arranged the $71,450,00 for the revolving construction loan of Brandon Town Center: 660-unit apartment community on one of the largest undeveloped parcels in fast-growing Brandon.

The floating-rate revolving loan features full-term interest only payments for the 30-month duration of the loan. The lender, Corevest Finance, financed the approximately 60-acre site with sufficient funds for the horizontal and vertical construction of a 360-unit townhome, build-to-rent project. The property will be built in six sub-phases and the funding represents Phase One of a Two-Phase, 660-unit townhome development. Amenities include a pool, fitness center, dog park, walking trail, firepits and mixed-use buildings and stores. Brandon, Florida is a desirable submarket within the Tampa-St. Petersburg metropolitan area. Brandon was a booming housing market pre-Covid and has only accelerated its growth in the post-Covid era with robust demand for the subject townhomes being built.

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