Walker & Dunlop Arranges $108 Million Sale and Financing for Apartments in St. Petersburg, Florida

  • March 14, 2019
  • Multifamily Biz

Walker & Dunlop announced that it structured $65,200,000 in financing for The Hermitage Apartment Homes. The property is a newly-developed, 348-unit, Class A apartment community in the heart of downtown St. Petersburg, Florida, one of Tampa Bay's premier submarkets. Home to Florida's Innovation District, the city contains a cluster of higher education, marine science, healthcare, business incubation, and media institutions, including Johns Hopkins All Children's Hospital, Bayfront Health, and the University of South Florida St. Petersburg.

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