Two Roads scores $520M construction loan for downtown Tampa project

Two Roads Development secured $520 million in construction financing for a waterfront luxury hotel and condo tower in downtown Tampa.  Darien, Connecticut-based Nuveen Green Capital provided $290 million in C-PACE financing, the first such loan recorded in the city of Tampa, according to a press release. New York-based Sculptor Capital Management provided the rest of the financing.  The package likely marks the largest condo construction financing in Tampa.  Miami and West Palm Beach-based Two Roads, led by Taylor Collins and Reid Boren secured the debt for the Pendry Tampa and Pendry Residences Tampa, which will have a 220-key Pendry hotel […]This article originally appeared on The Real Deal. Click here to read the full story.