Royal Palm Companies Closes $87 Million Financing Arranged By Aztec Group
Aztec Group’s Howard Taft sourced and structured the bridge financing for Elevate Apartments in Dania Beach.
Aztec Group’s Howard Taft sourced and structured the bridge financing for Elevate Apartments in Dania Beach.
The shopping center recently underwent a complete redevelopment which included an expansion of Publix from 36,464 square feet to 46,811 square feet.
The buyer received conditional approval to build 526 luxury apartments, 66 hotel extended-stay units, 75,294 square feet of retail space, and a paseo with green space. CLICK ON THE HEADLINE FOR MORE
The property is located at the Southern gateway to the Wynwood Arts District. CLICK ON THE HEADLINE FOR MORE
The financing transactions were completed by Howard Taft, Senior Managing Director, and Charles Penan, Director. CLICK ON THE HEADLINE FOR MORE
The portfolio of waterfront and retail land, sitting on prime locations and offering ocean frontage, is controlled by a long established local Investor. CLICK ON THE HEADLINE FOR MORE
Aztec Group, Inc. has arranged a $30 million construction/permanent loan facility to develop the project. CLICK ON THE HEADLINE FOR MORE
South Florida’s commercial real estate market is performing better than most, experts say, and values in some sectors may be rising within the next year. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
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