Patterson Arranges Financing for 216-Unit Infill Multifamily Development in Venice, FL

Middle Street Partners, with the assistance of its capital advisor, Patterson Real Estate Advisory Group, successfully closed construction financing for 1000 Jacaranda, a 216-unit, Class A infill multifamily development in Venice, FL. Patterson arranged the construction loan with Kennedy Wilson and the preferred equity investment with FCP.

“Bringing together top-quality groups including Middle Street Partners, Kennedy Wilson, and FCP, especially in this capital environment, is an exciting endeavor. We’re thrilled for these teams and look forward to witnessing the success of the Property,” said Lauren Hanley, Florida Market Director at Patterson.