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Tag: Construction Loans

US Development lands M additional construction financing for Pompano Beach condos
Business

US Development lands $68M additional construction financing for Pompano Beach condos

October 3, 2024October 3, 2024

U.S. Development has secured a total of $73.8 million in construction financing for its planned Salato Residences in Pompano Beach. Records show the Philadelphia-based developer

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Aimco scores 2M construction loan, M in equity for Edgewater apartment tower
Business

Aimco scores $172M construction loan, $56M in equity for Edgewater apartment tower

September 17, 2024September 17, 2024

Aimco scored a $228 million financing package to develop a 114-unit apartment tower in Miami’s Edgewater, as construction loans keep flowing in South Florida.  The

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Related, Integra score 7M construction loan for St. Regis Brickell condo project
Business

Related, Integra score $527M construction loan for St. Regis Brickell condo project

September 4, 2024September 4, 2024

The Pérez family’s Related Group and its partner, Integra Investments, secured $527 million in construction financing for St. Regis Residences, Miami, a luxury condo development

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Affiliated scores M construction loan for West Palm multifamily project
Business

Affiliated scores $50M construction loan for West Palm multifamily project

August 30, 2024August 30, 2024

Affiliated Development started construction of a planned West Palm Beach apartment building after nabbing a $50 million loan. Bank of Montreal provided the financing for

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Galbut family pays off 3M construction loan for downtown Miami tower, amid unit closings
Business

Galbut family pays off $213M construction loan for downtown Miami tower, amid unit closings

August 20, 2024August 20, 2024

An affiliate of Galbut Family Office paid off the $213.4 million construction for the Gale Hotel & Residences project in downtown Miami.  Bank OZK provided

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Clara Homes lands M construction loan for Bay Harbor Islands project, amid record South Florida multifamily pipeline
Business

Clara Homes lands $54M construction loan for Bay Harbor Islands project, amid record South Florida multifamily pipeline

August 16, 2024August 16, 2024

Clara Homes scored a $53.6 million construction loan for its Bay Harbor Islands multifamily project, advancing the development into its next stage.  The deal comes

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13th Floor lands M loan to build 398-unit Hallandale Beach complex, amid record South Florida apartment construction
Business

13th Floor lands $83M loan to build 398-unit Hallandale Beach complex, amid record South Florida apartment construction

August 14, 2024August 14, 2024

13th Floor Investments landed an $83 million construction loan for a planned 398-unit apartment complex in Hallandale Beach.    The deal comes as South Florida is

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Naftali scores M loan for planned Miami Worldcenter high-rise
Business

Naftali scores $35M loan for planned Miami Worldcenter high-rise

August 14, 2024August 14, 2024

Naftali Group secured a $35 million pre-development loan for its mixed-use condo and rental tower at Miami Worldcenter.  The New York-based developer obtained the financing

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Developer lands M construction loan for Hallandale Beach condo tower, as South Florida financing defies nationwide slump 
Business

Developer lands $85M construction loan for Hallandale Beach condo tower, as South Florida financing defies nationwide slump 

August 13, 2024August 13, 2024

Developer Giuseppe Iadisernia scored an $85 million construction loan for a 250-unit Hallandale Beach condo tower.  The deal comes as South Florida construction lending continues

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Centaur scores 0M loan for Panther National project in Avenir
Business

Centaur scores $160M loan for Panther National project in Avenir

August 6, 2024August 6, 2024

Centaur Holdings landed a $160 million loan for Panther National, a planned luxury single-family home community near Palm Beach Gardens.  West Palm Beach-based Southern Realty

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