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$73M Loan Launches Doral, FL Construction
The Encore Opportunity Fund and Congress Group have secured $73 million in construction financing. The loan has allowed the joint venture to launch construction on the mixed-use Landmark South, located on 24 acres at the northeast corner of Northwest 58th Street and Northwest 107th Avenue in Doral, FL.
The project will consist of 630 residential units (420 rentals and 210 condos) and 60,000 square feet of commercial space.
Bank of the Ozarks was the lender.
- ◦Financing
- ◦Development
