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$56 million in financing for major downtown Sarasota project

By Louis Llovio
| 5:30 p.m. February 7, 2024
| 0 Free Articles Remaining!

Aster & Links in downtown Sarasota will be made up of two 10-story buildings with a total of 424 units.

Manatee-Sarasota

The developers behind the Aster & Links project in downtown Sarasota have obtained $56 million in financing.

The mezzanine loan was originated by Southern Realty Trust, a new West Palm Beach REIT.

According to Southern Realty, which announced the financing, it's putting money into the project because it saw “attractive supply/demand fundamentals and strong population growth in recent years.”

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Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.