In the News: Columbia Residential Secures $49M for Tallahassee Affordable Community

We’ve got another exciting project coming to Florida thanks to our partners at the Tallahassee Housing Authority. Here at Columbia Residential, we could not be more honored to be aiding in the work on this new Tallahassee affordable community along the Gulf Coast.

Per connectcre–Florida & Gulf Coast:

Columbia Residential, a partner of the Tallahassee Housing Authority, has secured $49 million in financing to construct an affordable housing property in Tallahassee, FL.

Reginald Fenn of KeyBank Community Development Lending and Leslie Meyers of KeyBank Real Estate Capital structured the financing, which included a $33-million construction loan from KeyBank Community Development Lending and a $15.9-million Freddie Forward Commitment permanent loan.

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Source: connectcre—Florida & Gulf Coast

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