Apartment complex in Sarasota County refinanced for $82M

A recently completed apartment complex in Sarasota County has been refinanced. Financial services firm Berkadia secured the $82.1 million loan for Render Legacy Trail in Nokomis, which was built in 2024, according to a statement.

Off State Road 681, Render Legacy Trail contains 450 apartments on about 18 acres at 15560 Render Way. It contains one, two and three-bedroom floor plans with an average size of more than 930 square feet. Apartments feature granite countertops, steel appliances, vinyl plank flooring, in-unit washers and dryers, private patios or balconies and entryway mudrooms with built-in storage.

Among the amenities are a saltwater pool; fitness center; outdoor grilling and dining areas; coworking spaces; club room with coffee bar; pickleball courts; pet park; EV charging stations; outdoor social and activity spaces; and direct access to the Legacy Trail, a more than 18-mile recreational path connecting Sarasota and Venice…

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