Sarasota 55-plus living project gets financing

– Trez Capital financing for Alloro at University Groves is the company’s second high-profile debt placement in the past month along the Gulf Coast

  • By Observer Staff
  • | 11:50 a.m. August 2, 2021
COURTESY RENDERING — US Senior LLC, of Troy, New York, is developing Alloro at University Groves, a 55-plus community in Sarasota, with a Trez Capital loan.
COURTESY RENDERING — US Senior LLC, of Troy, New York, is developing Alloro at University Groves, a 55-plus community in Sarasota, with a Trez Capital loan.
  • Commercial Real Estate
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Trez Capital has provided a $48 million construction loan to finance the Alloro at University Groves, a new independent living community for residents aged 55 and over.

 

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