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Temple Terrace apartment complex sells with $33M loan
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Temple Terrace apartment complex sells with $33M loan
UDR Inc. has sold Summit West Apartments, a 266-unit multifamily community in Temple Terrace, according to Hillsborough County property records. The property, at 11500 Summit West Blvd., traded to ARDG @ Summit West LLC in a deed recorded April 1. The buyer financed the acquisition with a $33.25 million loan from The Bancorp Bank, N.A., secured by the property and its leases and rents. READ MORE LOCAL NEWS Built in 1972, the community is one of …
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