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South Florida developer gets financing for Tampa-area build-to-rent project

JLL procures $32 million construction loan for Magnolia at Spring Hill
Magnolia at Spring Hill is a new 162-unit townhouse community planned in Pasco County. (JLL)
Magnolia at Spring Hill is a new 162-unit townhouse community planned in Pasco County. (JLL)
CoStar News
September 27, 2024 | 8:45 P.M.

Agador Spartacus Development is moving forward with the company’s latest build-to-rent project, Magnolia at Spring Hill about 30 miles north of Tampa, Florida, after securing a $32 million construction loan.

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