UMB Bank Provides $65.9M Loan For 2.74-Acre Development Site In Coral Springs

A development site located at 3300 University Drive in Coral Springs has been involved in a recent loan transaction. The property spans over 2.74 acres and consists of 351 units. The transaction took place on May 25, 2021.

Summary of transaction details

• Property Type: Development Site
• Loan Amount: $65,930,000
• Address: 3300 University Drive, Coral Springs
• Market: Coral Springs
• Units: 351
• Acres: 2.74

UMB Bank provided the loan for this transaction. The landlord of the property is Mill Creek Residential, represented by William C. MacDonald and Charles Bay.