News

Regions Bank provides construction financing for AHS Tradition

April 28, 2021

Regions Bank’s Real Estate Banking team is providing construction financing to AHS Residential for the development of AHS Tradition.

AHS Tradition will be a 372-unit, garden-style housing development in Port St. Lucie. The development will be built within Tradition, an 8,300-acre master-planned community featuring an abundance of homes, schools, medical centers, parks and recreational trails, and more.

Located near many major employers and retailers, AHS Tradition will offer a reasonably priced alternative to increasing housing and rental prices. The community will be convenient to Interstate 95, the Florida Turnpike, and the Treasure Coast Connector bus system.

“We are proud to work with AHS Residential in providing a new, more affordable option for people and families to call this vibrant, master-planned community home.”

Mercedes Montalvo

Senior Vice President, Regions Real Estate Banking

“Since its inception, Tradition has undergone substantial growth and economic development,” said Mercedes Montalvo, Senior Vice President with Regions Real Estate Banking. “We are proud to work with AHS Residential in providing a new, more affordable option for people and families to call this vibrant, master-planned community home.”

The garden-style apartment community will include a mix of one- and two-bedroom units across eight three-story buildings. Unit finishes will include granite countertops, stainless steel appliances, tile, high-end cabinetry, and washer and dryers in every apartment home. Community amenities include a clubhouse, pool, fitness center, and a children’s playground.

Leasing Information

See yourself living in an AHS Residential Community? Let’s get things started.