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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.
- ◦Development
