Boardwalk Apartments

GARDEN CITY, ID

Multifamily - Construction

Boardwalk Apartments

MULTIFAMILY - CONSTRUCTION

ACRES Capital Corp. has originated a $67 million loan to fund the development of Boardwalk Apartments in Garden City, Idaho. The plan is to develop a mixed-use, mid-rise structure consisting of 234 rental units, 17,000 square feet of commercial space and 312 parking spaces.

Boardwalk Apartments will feature:

A roof deck
Pickle ball courts and a playground
16,000 square feet of open plaza space on the ground level

$67 Million

Loan Amount

Construction Loan

Loan Product

“Located along the scenic Boise River and River Greenbelt, Boardwalk Apartments will offer a multifaceted, walkable community for residents while providing easy access to the central business district of downtown Boise.”

- Mark Fogel

ACRES CEO and President

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ACRES Capital, LLC (“ACRES”) is an SEC-registered investment adviser with an office in Uniondale, New York. ACRES and its representatives are in compliance with the current registration and notice filing requirements imposed upon SEC-registered investment advisers by those states in which ACRES maintains clients. SEC registration is not an endorsement of the firm by the Commission and does not mean that the adviser has attained a specific level of skill or ability.