Related Group scores funding for project in Miami’s Edgewater
The Related Group obtained a $92.7 million construction loan for its GranParaiso condo tower in Miami’s booming Edgewater neighborhood. Bank of the Ozarks (NYSE: OZRK) awarded the mortgage to PRH Paraiso Two LLC, an affiliate of the Miami-based condo developer, for the project along Biscayne Bay at 480 N.E. 31st Street. It broke ground in…
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