Citigroup Provides $47M to Finance Cocoa Grand Acquisition in Florida – Commercial Observer
A joint venture led by Sinatra & Co. has secured $46.9 million to finance its acquisition of Cocoa Grand, a 268-unit apartment complex near Cape Canaveral, Fla., Commercial Observer has learned. Citigroup provided the fixed-rate loan, while Berkadia Philadelphia‘s Bob Falese arranged the financing, which closed on July 31. SEE ALSO: LL Flooring Files for