HTG Secures Financing for Affordable FL Community

 · MARGATE, FL – Housing Trust Group (HTG), a leading multifamily developer, has closed on financing and commenced construction on a new $25 million, 100-unit senior housing community in Broward County, Florida. The affordable community, located at 3100 North State Road 7 in Margate, Florida, is slated for delivery in the first quarter of 2018.

Foreign buyers are taking over.but it’s Canadians in Florida Which Mor Canadians buying Florida property. what to consider. Most lenders don’t want to entertain offering a mortgage to foreign buyers. There is one Lender that will lend in Florida and a few other States to Canadians. up to 50% of the Purchase price with a minimum mortgage of $200,000CAD. you can also look at taking equity out from your Canadian property or paying cash.

Her family said she helped secure financing for projects such as the reconstruction of the Willard Hotel in Washington. Among other activities, she was a member of Good Shepherd Catholic Church in.

The project to rehabilitate the property, dubbed Lone Oak II, will revitalize the affordable housing community, correcting issues in areas such as plumbing, electrical lines, heating. like.

A joint venture between Housing Trust Group and Miami Jewish Health Systems just scored $36.1 million in construction financing for an affordable senior. Douglas Gardens is HTG’s fifth senior.

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Housing Trust Group (HTG), a leading multifamily developer and Florida’s largest developer of affordable housing, is proud to announce the appointment of Quinn Gormley as Executive Vice President of HTG America, the firm’s new national development division.. Gormley, who most recently served as a partner in Tidwell Group’s Austin, Texas office, has over 20 years of real estate.

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HTG Secures Financing for Affordable FL Community Located at 932 Freedom Way in Brooksville, Fla., the project will include four garden-style, mid-rise buildings featuring 32 one-, 28 two-, and 34.

While One Stop Housing and HTG both concentrate on creating affordable. Community Development Block Grant loan from the city of Bradenton; and a .125 million permanent loan from SunTrust Bank.

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Based in Coconut Grove, HTG’s portfolio of over 5,900 units includes affordable, student housing, and market-rate for rent and for sale communities. Currently, HTG has more than 1,300 units with firm financing commitments in its pipeline, representing over $235 million of new development within the next 18 months.

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