$50M loan secured for Hillsborough County multifamily complex


  • By
  • | 12:40 p.m. March 7, 2025
The clubhouse interior of Pointe Grand Plant City, a 300 unit multifamily housing complex.
The clubhouse interior of Pointe Grand Plant City, a 300 unit multifamily housing complex.
Courtesy image
  • Tampa Bay-Lakeland
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Hillpointe, a Winter Park-based firm that built a 10 building apartment complex in Plant City, recently secured a $50 million bridge loan from NewPoint Real Estate Capital. The terms of the deal include a floating rate, interest-only loan to be paid over two years. 

 

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