Santander Bank finances construction of Alliance Residential’s latest apartment project – Nashville Business Journal

Allen Morris Co., along with Ustler Development, has secured $66 million in financing for the Creative Village Parcel M Apartments in downtown Orlando. The financing was provided from SunTrust Bank.

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Motwani, Alliance Residential break ground on Broadstone Oceanside apartments. NADG Brock Alton PBG, a joint venture between North American Development Group and Brock Development, obtained a $53.4 million construction loan for the 221,561-square-foot project from PNC Bank. It will be located on 28.3 acres on the south side of Donald Ross Road. Kolter Homes is building the Alton residential community nearby.

Virginia development lands construction loan scheduled for completion in 2021, the community in Reston will be located close to more than 31 million square feet of office and retail space.

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"New Jersey Citizen Action has had a longtime partnership with Santander Bank and its predecessor, Sovereign Bank. The bank’s $11 billion commitment in mortgages, small business loans and community development lending will provide loans, access to capital and affordable housing for thousands of New Jerseyeans.

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A Spanish bank is financing this new apartment project in Germantown – the fourth in four years to be built by this out-of-state developer.

Cayuga Capital Management received the debt from Santander Bank to develop 600 Bushwick Ave., a six-story, 64-unit residential building with 10,000 square feet of retail and an internal parking.

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