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Ease Capital Provides $45.5 Million Loan for the Reserve at Temple Terrace

Ease Capital Provides $45.5 Million Loan for the Reserve at Temple Terrace

09/23/24, 7:41 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgflorida
Money
$45.5 million
Industry
lending
finance
financial services
Type
loan
Ease Capital has provided a $45.5 million floating-rate loan to Boardwalk Holdings for the lease-up and stabilization of the Reserve at Temple Terrace, a 290-unit, 10-building multifamily property in Temple Terrace, FL. The loan is structured as a three-year, full-term interest-only, non-recourse loan and supports the sponsor’s business plan to refinance existing debt and stabilize the asset.

Company Info

Company
Ease Capital
Location
florida, united states
Additional Info
Ease Capital is a financial institution providing loans and financing solutions.
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finance
$4.8 B184.9%
lending
$215.6 M-59.0%