{"id":1004128369,"date":"2015-09-29T08:01:54","date_gmt":"2015-09-29T16:01:54","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=362208"},"modified":"2022-12-13T00:03:46","modified_gmt":"2022-12-13T08:03:46","slug":"sanfords-elan-towne-center-receives-financing","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sanfords-elan-towne-center-receives-financing\/","title":{"rendered":"Sanford\u2019s Elan Towne Center Receives Financing"},"content":{"rendered":"
\"Elan<\/a><\/p>\n

Elan Towne Center<\/p>\n<\/div>\n

One of the newest apartment communities in the Sanford submarket in Central Florida, Elan Towne Center, has received a $41.2 million loan. Walker & Dunlop<\/a><\/strong> arranged the transaction. The loan was structured with a 15-year term and closed in 30 days due to the relationship with a long time borrower and overall coordination by the Walker & Dunlop team.<\/p>\n

Built in 2014, the Class A multifamily property incorporates 360 luxury apartments, surrounded by an array of upscale shopping, dining and entertainment destinations. The community is situated in close proximity to the Central Florida Zoo, Sanford Marina, and Timacuan Golf Course. Amenities include a cyber caf\u00e9 and a coffee bar, club room with games and home cinema, private detached garages and a dog park. Units are available in multiple layouts, with up to three bedrooms and two baths.<\/p>\n

The property was 80 percent leased at the time of closing. Since then however, it has received significant interest, reaching an occupancy level in excess of 90 percent.<\/p>\n

Photo credit: Greystar<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Walker & Dunlop has recently arranged financing for one of Sanford’s newest multifamily assets.<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1493],"tags":[682],"class_list":["post-1004128369","post","type-post","status-publish","format-standard","hentry","category-latest","category-orlando","tag-news"],"acf":[],"yoast_head":"\nSanford\u2019s Elan Towne Center Receives Financing - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/sanfords-elan-towne-center-receives-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sanford\u2019s Elan Towne Center Receives Financing\" \/>\n<meta property=\"og:description\" content=\"Walker & Dunlop has recently arranged financing for one of Sanford's newest multifamily assets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/sanfords-elan-towne-center-receives-financing\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-09-29T16:01:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-13T08:03:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/09\/Elan-Towne-Center.jpg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sanfords-elan-towne-center-receives-financing\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sanfords-elan-towne-center-receives-financing\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"Sanford\u2019s Elan Towne Center Receives Financing\",\"datePublished\":\"2015-09-29T16:01:54+00:00\",\"dateModified\":\"2022-12-13T08:03:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sanfords-elan-towne-center-receives-financing\\\/\"},\"wordCount\":172,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sanfords-elan-towne-center-receives-financing\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/09\\\/Elan-Towne-Center.jpg\",\"keywords\":[\"News\"],\"articleSection\":[\"News\",\"Orlando\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sanfords-elan-towne-center-receives-financing\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sanfords-elan-towne-center-receives-financing\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/sanfords-elan-towne-center-receives-financing\\\/\",\"name\":\"Sanford\u2019s Elan Towne Center Receives Financing - 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