Boston apartment complex owner refinances two properties for $86M

Money from loans will go toward improvements including cuts to energy consumption and carbon output at the communities.

  • By Louis Llovio
  • | 4:18 p.m. November 2, 2022
  • | 0 Free Articles Remaining!
Lofton Place Apartments in Tampa. Money from refinancing of two apartment complexes will go toward improvements including cuts to energy consumption and carbon output at the communities. (Courtesy photo)
Lofton Place Apartments in Tampa. Money from refinancing of two apartment complexes will go toward improvements including cuts to energy consumption and carbon output at the communities. (Courtesy photo)
  • Tampa Bay-Lakeland
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Taurus Investment Holdings, a Boston private equity real estate investment firm, has refinanced two Florida apartment complexes, including one in Tampa, for $85.65 million.

The refinancing was accomplished through two loans, one for each property, and secured by Berkadia. The combined properties have 640 units.

 

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