A construction loan has been closed for Serenova Dripping, a multifamily development. The loan was closed by ARCTRUST and Edison Equity Residential. This development will have 175 units.

Further details about the loan and the development are available from MultifamilyBiz. The closing of the construction loan marks a significant step forward for the Serenova Dripping project, but specifics about the loan terms and the project's timeline are not provided here.