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$1B Highland Park Miami project to expand Miami s Medical District
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Arquitectonica reveals designs for new $1 billion mixed-use project in Miami s Medical District
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MIAMI, FL - The Allen Morris Company (AMCO), one of the largest diversified real estate firms in the southeast, has named W.A. Spencer Morris, President. Morris was most recently Chief Investment Officer (CIO) for the organization.
Morris has been an integral part in furthering AMCO’s investment management division, along with its development business, and opening new lines of business such as AMS Hospitality.
In his new role, he will oversee AMCO’s investment portfolio, now.
Spencer Morris Promoted to President of the Allen Morris Co
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MAITLAND, FL - The Allen Morris Company (AMCO), one of the largest diversified real estate firms in the Southeast, announced the $47.5 million refinancing of Maitland City Centre in Maitland, Fla. Maitland City Centre is a mixed-use community located just north of Orlando, consisting of 244 residential apartments and 33,500 square feet of retail space.
The new loan was provided by New York Life Insurance Company and replaced the existing construction loan provided by Truist and TD Bank. The refinancing allows ownership to continue executing its business plan on this Class A asset. Walker & Dunlop assisted the partnership with the refinancing process.
“We are thankful to Truist and TD Bank for their confidence in The Allen Morris Company, which allowed us to develop this new city center for the City of Maitland, and are equally pleased to begin a new relationship with New York Life Insurance Company,” said W. Allen Morris, Chairman & CEO of The Allen Morris Company. “One of