Condo project near beach secures $36M construction loan
The developer of the Gale Residences Fort Lauderdale Beach obtained a $35.6 million construction loan four months after starting work on the site. Dallas-based Hall Structured Finance awarded the mortgage to Tiffany House, a joint venture between Newgard Development and Merrimac Ventures. Miami-based Aztec Group secured the financing for the developer. Demolition started on the…
Details