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South Florida Business Journal Synovus Bank has provided $56 million of construction financing for the development of the Soleste Cityline Apartments in Dania Beach, Fla. A venture of The Estate Cos. of Miami, Merrimac Ventures of Fort Lauderdale, Fla., and ...
Cymbal Development has lined up $60 million of construction financing from 3650 REIT for the construction of Oasis Pointe, a 301-unit apartment property with a 19-slip boat club and structured parking in Dania Beach, Fla. The loan pays a fixed ...
Kusa Hospitality has bought the 143-room Hotel Morrison in Dania Beach, Fla., for $27.8 million, or about $194,406/room. Ocean Bank provided $19.78 million of acquisition financing.
Centennial Bank provided the buyer with $18.14 million financing.
Bank of America provided $18.9 million of financing for the purchase.
MC-Five Mile Commercial Mortgage Finance provided $21 million of debt for the purchase.
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