**Quinn Residences Secures $108.6M Construction Loan for Two Tampa Build-to-Rent Communities**
Madison Realty Capital has originated a $108.6 million construction loan for Quinn Residences to support the development of two new build-to-rent residential communities in the Tampa, Florida area.
The two projects, named Moccasin Wallow and Terra View, are located in the Parrish and San Antonio submarkets of Tampa, respectively. Quinn Residences will operate and manage both properties, which are currently under construction. Each home will feature an average size of 1,500 square feet and include enclosed patios and attached garages.
Moccasin Wallow will consist of 144 townhomes and 140 single-story villas. Planned amenities include a clubhouse with a fitness center and resident lounge, a wet bar, a resort-style swimming pool, three pickleball courts, a dog park, and a playground within the community.
Terra View, which will comprise 169 townhomes, will feature three unique three-bedroom floor plans. Community amenities at Terra View will include a clubhouse, a pool, a resident lounge, a nearly one-acre park, and walking trails.
GSP Partners arranged the financing for the transaction, which was led by Nate Weyer.
