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The Collier Companies has secured a $61.1-million construction loan to build Hawks Mill apartments in Port Orange, FL

The Collier Companies Lands $61M Build Loan from Truist for Port Orange Multifamily

Gainesville, FL-based The Collier Companies has closed a $61.1-million construction loan to build Hawks Mill, a 300-unit multifamily in Port Orange, FL.

Sharis Deravakian of Truist Bank arranged the financing.

Hawks Mill share its Port Orange location with The Atlantic, another residential community completed by The Collier Companies in 2021. The 35-acre multifamily will include saltwater pool, clubhouse, playground, custom dog park, fitness grounds with exercise loop and CrossFit area, and electric vehicle charging stations.

The site includes several conservation and tree preservation areas, to reflect The Collier Companies’ efforts to uniquely design each new community.

The Collier Companies is a multifamily owner/manager with communities in FL, GA and OK that develops exclusively for its own account. Its portfolio is comprised of over 12,000 apartment homes.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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