Tuscany Village
Update
05/06/24
Developers Secure $86 Million Construction Loan for Apartment Community in Sanford
Developers Royal Palm Companies and Mattoni Group have secured $86 million construction financing for Tuscany Village in Sanford, Florida. The loan was obtained from City National Bank of Florida. The apartment community will offer 420 residential units contained in seven four-story buildings on a 20-acre site. The one-, two-, and three-bedroom apartments will range in size from 782 to 1,398 square feet. Community amenities will include a clubhouse, pool with a spa, a pool deck with cabanas, grills and lounge chairs, a dog park, courtyard with grills, lounge seating and dining areas. Construction is expected to commence in Summer 2024 with phased completion targeted for 2026.
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