Columbus, Georgia – Trillium Capital Resources, LLC, (TCR), announced today it arranged financing for a $24 million dollar loan with a life Insurance company for the refinance of a 224-unit luxury Class A property located in Pensacola, Florida. The loan was financed with Aegon USA Realty Advisors, LLC (AURA) and included low cost money at 4.17% fixed for 15 years and amortizes based on a 35-year schedule. LTV ratio was at 70%.
The project will feature upscale amenities including a furnished clubhouse with recreation room, a business center with complimentary Wi-Fi, TV Lounge, resort style swimming pool, a state-of-the-art fitness center, and sauna. Also, residents will have access to a playground, dog park, and grills.
For more information, please visit: www.trillium-capital.com