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PTM Partners secures $125 million loan for EDGE Collective phase two

September 29, 2026 -

Real estate investment and development firm PTM Partners has closed on a $125 million construction loan from an affiliate of GID to finance EDGE Collective II. According to a prepared statement, the development will be "a 330-unit Class AA multifamily high-rise including 19,000 square feet of retail space in downtown St. Petersburg’s EDGE District. "

 

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