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