Developer of luxury waterfront tower secures $75 million in financing

Construction moving along at Altura Bayshore as sales top $60 million.

  • By Louis Llovio
  • | 12:13 p.m. January 27, 2022
  • | 0 Free Articles Remaining!
  • Tampa Bay-Lakeland
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TAMPA — The developers of Altura Bayshore have secured $75 million in financing as construction on the 23-story luxury residential tower is well underway.

According to Hillsborough County records, the owners of Altura, The Ronto Group, signed a mortgage for the property Jan. 14. The financing is with MSD Partners, a New York investment firm.

 

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