BURLINGTON POST

Burlington Post provides 86 affordable residences to seniors (age 55+) in St. Petersburg, FL. The $19MM+ new construction, mid-rise community is “green” certified and contains many on-site amenities, including a community center, outdoor garden with fireplace, fitness center, library, and professional management.

Burlington Post was financed with competitive 9% tax credit equity via Raymond James, conventional debt from Neighborhood Lending Partners, and other gap subsidies including SHIP funds from the City of St. Petersburg.

Located in the artistic Kenwood neighborhood, Burlington Post completed construction in 2018 and is marketed to seniors. The community maintains full occupancy and a waiting list.

Location: St. Petersburg, Florida
Project Details: 86 Multi-family Apartments
Construction Start/Completion: 2017/2018
Green Mills Group: Developer/Owner/Asset Manager                                                    Lender(s): Raymond James Bank, City of St. Petersburg
Limited Partner: Raymond James Tax Credit Funds
Development Cost: $19MM
Website www.burlingtonstpete.com