J.P. Morgan Asset Management Provides $62.3M Construction Loan For St. Augustine Multifamily Development
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This MultiFamily property located in FL received a loan of $62,300,000 about 2 years ago. The brokers of the deal were Chad Morgan, Ian Shapiro, Reid Carleton, and Bercut Smith
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- LocationCounty Road 208 and SR 16, St. Augustine, Florida 32084, United States
- Loan Value$62,300,000
- Asset TypeMultiFamily
- Parties4 Brokers, 1 Agency, 1 Lender
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Deal Summary
LOAN
IMAGE: Ian Shapiro, Reid Carleton, Bercut Smith & Chad Morgan
DATE: 01/24/2022
ADDRESS: County Road 208 & SR-16
MARKET: St. Augustine
ASSET TYPE: Multifamily ~ UNITS: 320 ~ SF: 319,400
LENDER: J.P. Morgan Asset Management
LANDLORD: The Latigo Group
BROKERS: Bercut Smith, Ian Shapiro, Chad Morgan & Reid Carleton - JLL
LOAN AMOUNT: $62,300,000
LOAN TYPE: Construction Loan
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County Road 208 & SR-16
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