TAMPA, FL— Millennium Westshore Apartments, a 379-unit, class A garden-style multifamily community, has secured $37.15 million in financing. HFF arranged the deal for AIG Global Real Estate. Freddie Mac provided the five-year, fixed-rate loan through its Federal Home Loan Mortgage Corporation CME Program.

Millennium Westshore Apartments is one mile north of Interstate 275 and minutes away from International Plaza, Tampa International Airport and Old Tampa Bay in Downtown Tampa. The multifamily asset is 94% occupied.

“This property attracted significant lender interest due to the sponsorship and its prime location in one of the strongest submarkets in the Tampa metropolitan area,” HFF director Elliott Throne said in a statement. “Ultimately, Freddie Mac was able to offer the highest proceeds at the lowest rate on a five-year term as the debt yield was very aggressive.” Throne and HFF managing director Matthew Schoenfeldt led the deal for AIG.