Semco Refinances Campus Palms Apts
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Semco Investments LLC has secured a $ 20 million first mortgage on its Campus Palms Apartments at 13016 Leeds Ct. in Tampa, FL. Ben Miller and Casey Siggins of Franklin Street Capital Advisors (FSCA) arranged the $ 20 million, non-recourse loan. The financing carries a 4.85-percent fixed rate over a 10-year term with a 30-year amortization schedule. Built in 1971, the two-story multifamily commuinity now features 232 student housing units in…
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