This property consists of six acres in Sanford, Florida, which will be used to develop a multifamily development known as the St. Johns Lofts. Sanford, is one of Central Florida’s oldest incorporated cities, is home to brick-lined streets, towering oaks, elegant store-fronts and large, nineteenth-century Victorian homes. First Street, the center of downtown Sanford, is a vibrant, enticing destination. Sanford sits on the south shore of Lake Monroe, providing a waterfront backdrop for walking, jogging or just enjoying the natural beauty. The St. Johns Lofts will contain 176 apartments designed and built with quality and conveniences, providing a permanent lasting benefit to the area.