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Trilogy Real Estate Group gets $64M construction loan for Tampa-area apartments

The Albion, a 325-unit community in Valrico, Fla., is expected to deliver in the fourth quarter of 2028.

Reported · Written up by our desk · Residential

Trilogy Real Estate Group has secured a $64 million construction loan for The Albion, a 325-unit apartment community being developed in Valrico, Florida, about 14 miles east of downtown Tampa, according to ConnectCRE.

ConnectCRE said the financing is structured as a three-year, floating-rate loan provided by QuadReal Property Group.

The project will include six mid-rise buildings on 13 acres and will offer a mix of one-, two- and three-bedroom units, with units averaging 919 square feet, ConnectCRE added.

Planned amenities include a pool, a golf simulator and a fitness center, along with coworking spaces and other features, and ConnectCRE reported the community is slated for delivery in the fourth quarter of 2028.

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