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TriBridge Residential has acquired The Mark at Wildwood, a 294-unit luxury multifamily property in Oxford, Fla., an Orlando submarket. Varden Capital Properties and Tellus Partners sold the asset in a deal brokered by JLL Capital Markets.
The developer funded the construction with a $30.9 million loan originated by Ameris Bank in May 2021, according to Yardi Matrix data. A year later, the venture took out another $2 million note from the same lender.