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Related Secures Funding for Tampa MF Development
Early Bird Alert: Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.
Miami-based Related Development LLC secured $52 million in construction financing for Town Westshore, a 396-unit rental property in Tampa’s booming Westshore neighborhood. The loan was arranged by SunTrust Bank, and will fund the development of the project which recently broke ground.
Related Development’s Steve Patterson says, “Related has a track record of not only identifying underserved markets, but also delivering compelling residential properties tailored to the specific submarket. Town Westshore is no different. We’ve done our homework, and are confident the property and its central location will resonate with Tampa and St. Pete’s growing base of renters.”
The four-story luxury mid-rise apartment development on just over eight acres of land is located in the I-4 corridor. It will offer a wide array of amenities, including direct access to Tampa Bay, fitness and yoga studios, saunas, massage treatment rooms, E-lounges, executive dining rooms and concierge services.
* Pictured Related’s Manor on the Hillsborough River development
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Financing
- ◦Development

