Citizens' Commercial Real Estate Finance team led a $67.3 million construction loan to Trinitas Ventures for the development of a new 286-unit, 750-bedroom student housing project near the University of Central Florida in Orlando, Fla. Citizens is Sole Lead Arranger, Sole Bookrunner and Administrative Agent.
Trinitas has been a Citizens client since 2016. Citizens has also financed Trinitas projects at Miami University (Ohio), Washington State University and University of Nebraska.
“Citizens’ Commercial Real Estate bankers are trusted partners who offer great ideas and believe in us,” said Brad Bennett, vice president of development at Trinitas Ventures. “The Citizens team has deep knowledge of the commercial real estate landscape and was able to close our deal quickly and seamlessly in a dynamic market.”
Citizens is a trusted strategic and financial partner, consistently delivering clear and objective advice. The Citizens approach puts clients first by offering great ideas combined with thorough market knowledge and excellent execution to help our clients enhance their business and reach their potential.