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McDowell Housing Partners has completed Phase I of Ekos at Arbor Park, a 136-unit affordable senior housing community in North Port, Fla.

The financing for the $40 million project includes 4 percent LIHTCs purchased by Wells Fargo, a Freddie Mac permanent senior debt and subordinate loans from Florida Housing Finance Corp. Wells Fargo also provided a $21.5 million construction loan, according to Yardi Matrix data.

MHP-Hennessy Construction—a joint venture between MHP Builders and Hennesy Construction Services—served as the general contractor, while Forum Architecture and Interior Design served as the main architect.