Agador Spartacus Development secures $58.5 million in construction financing from Anchor Loans to support two build-to-rent communities in Deltona, Florida.
Amount Raised
$58.5 Million
Round Type
Venture
Thousand OaksFinancial ServicesReal EstateLendingInvestors
Description
Agador Spartacus Development has closed $58.5 million in vertical construction financing for two build-to-rent communities in Deltona, Florida. The funding will support the construction of 279 homes across Magnolia Cottages and Magnolia Villas. The communities will feature various amenities including dog parks and clubhouses. This financing marks an expansion of Agador’s successful partnership with Anchor Loans.
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Agador Spartacus Development raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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