Colliers Mortgage Finances $23.4M Construction Loan For Senior Housing In Oxford, FL

Located at 5327 Co Rd 472 in Oxford, FL, this senior housing property spans across 3.9 acres and consists of 130 units. The property, owned by Stonegate Development Co., recently secured a construction loan from Colliers Mortgage | Commercial Finance in the amount of $23,400,000.

Summary of transation details

• Property Type: Senior Housing
• Transaction Amount: $23,400,000
• Units: 130
• Acres: 3.9

Colliers Mortgage | Commercial Finance acted as the lender for this transaction, providing a construction loan to Stonegate Development Co. This financing will allow for the development of the senior housing property in Oxford, FL.