Tampa apartment owners get $38 million infusion

The owners of a 224-unit apartment complex in Tampa have refinanced the property and taken on an equity investor for a combined total of $38.35 million.

The community is the Pointe at Carrollwood, just off of Gunn Highway and near Dale Mabry Highway in the city’s northern suburbs.

Berkadia, which arranged the debt and equity recapitalization, says Miami-based Beacon Real Estate Group took out a five-year, $29.93 million loan on the community through Freddie Mac and obtained an equity investment from Atlantic Pacific Co. for $8.42 million.