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Capital One Provides Financing for 182-Unit Heartis Venice

Caddis, a healthcare real estate investment, development and management firm, secured $35.7 million construction loan with Capital One to help fund its Tampa-area senior housing project, dubbed Heartis Venice.

Located at 1199 S. Tamiami Trailin Venice, Florida, the three-story Heartis Venice real estate investment is set to total 190,000 square feet and include 182 independent living, assisted living and memory care apartment units.

Services include a community shuttle service, nurse-supervised staff, 24-hour emergency call system, housekeeping and laundry services, and assistance with personal activities.

Caddis introduced 20 different properties under its Heartis brand since 2013.

Lantz-Boggio, headquartered in Greenwood Village, Colorado, is the project’s architect and Marietta, Georgia-based Freese Johnson is the project’s general contractor.

CARLOS LIKINS of The CoStar Group https://product.costar.com/home/news/832610340?market=39


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SVN Commercial Advisory Group is a full service commercial real estate brokerage firm. We provide commercial real estate services to large corporations, middle market businesses and individual entrepreneurial investors. SVN offers advisory services for the sales, leasing, and management of commercial properties. We operate locally, regionally and nationally. Our Advisors provide creative solutions in order to help you achieve your goal.

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