Patterson Arranges Senior Construction Loan & Equity Financing for The Sinclair at Ellenton in Ellenton, FL

Patterson Real Estate Advisory Group is happy  to announce the recent closing of The Sinclair at Ellenton, a 217-unit, Class A garden-style multifamily development situated on a ±14-acre site along the border of Ellenton and Parrish, Florida, within the Sarasota MSA.
Patterson served as capital advisor to Brook Farm Group arranging the senior construction loan with First Horizon Bank and preferred equity financing with Fundrise.

“We are excited to launch The Sinclair at Ellenton as we expand our presence in the Florida market and continue our focus on developing distinctive, best-in-class multifamily communities within high growth markets,” said Eric Hade, Co-Founder and Chief Investment Officer at BFG. “We are grateful for the support of First Horizon and Fundrise, whose partnerships enable us to bring this thoughtfully designed community to life for future residents of the rapidly growing Manatee County.”