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This Multifamily Market Seeing Consistent Demand

ORLANDO—Hint: It's northeast of the Central Business District.

By Jennifer LeClaire | Updated on January 18, 2016

ORLANDO—The Preserve at Tampa Palms just won a $29.4 million refinancing. Hunt Mortgage Group arranged the Freddie Mac loan to refinance the multifamily asset in Tampa, FL.

“Construction was completed in 2002 and The Preserve at Tampa Palms is in excellent physical condition,” John Beam, managing director of Hunt, tells GlobeSt.com. “The property is also well located just northeast of the Tampa Central Business District in a growing market that consistently supports demand for multifamily housing.”

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