### Floridays Secures $41.5M Loan for Sapphire Bay Apartments
Floridays Development Company has secured a **$41.5 million senior construction loan** for the development of **Harborside at Sapphire Bay**, a **316-unit Class A waterfront apartment community** in Rockwall. Colliers’ Jorg Mast, Chris Paul, and Danny Miller assisted in securing the loan.
Harborside represents the second phase of the **Sapphire Bay development**, complementing its sister property, **Surfside**, which has been under construction for the past 22 months and is now delivering its first units. With financing now in place, construction of Harborside is well underway.
Located at **1101 Sapphire Bay Blvd.**, Harborside is part of the larger **$1 billion mixed-use Sapphire Bay development**. Upon completion, the development will feature:
– **1,500+ residential units**
– **1.7 million square feet of mixed-use space**, including restaurants, retail, entertainment, office, and hospitality
– **20+ acres of parks and scenic trails**
– **A 1,000-slip marina**, offering a vibrant waterfront lifestyle
