ACRES provides a $52.4 million loan for a Multifamily Community in Tallahassee, FL
FEBRUARY 12, 2026Loan to fund a garden-style multifamily community in Florida.
Tallahassee, FL – 2026 — ACRES Capital Corp. (together with its affiliates “ACRES”), announced today that it has provided a $52.4 million loan to refinance Exchange at Blair Stone, a Class A multifamily community located at 2200 Blair Stone Road in Tallahassee, Florida (the “Property”).
Exchange at Blair Stone is a 300-unit garden-style apartment community situated in the city’s Northeast submarket. The Property features a mix of one-, two-, and three-bedroom residences designed to serve both professionals and families seeking high-quality housing near Tallahassee’s major employment centers. Resort-style amenities include a clubhouse, fitness center, swimming pool, and ample surface parking. The Property provides convenient connectivity to Downtown Tallahassee, Florida State University and Florida A&M University.
“Exchange at Blair Stone is a well-located, high-quality multifamily asset in a stable and growing Florida market,” said Mark Fogel, Chief Executive Officer and President of ACRES. “The Property’s strong fundamentals, attractive unit mix, and proximity to major employment and educational institutions position it for continued performance.”
