Allen Morris Company has closed on a $43 million construction loan from Affinius Capital LLC (“Affinius Capital”), in partnership with Axonic Capital LLC (“Axonic”), to commence development of Bayside North, the second phase of its signature $250 million Bayside project in Sarasota, Florida.
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Spencer Morris & W. Allen Morris
The Allen Morris Company Breaks Ground On Bayside Sarasota After Closing On $83 Million Construction Loan
The Allen Morris Company, and its partner, the Alaska Permanent Fund Corporation, advised by L&B Realty Advisors, has broken ground on Bayside Sarasota, a luxury rental community complete with a Michelin Bib Gourmand restaurant.
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