Alta Developers received a $60 million loan to finance and begin construction of Princeton Commons, a 378-unit residential development located at 24450 S.W. 127th Ave. in the Miami suburb of Princeton. The financing was secured from City National Bank by a Newmark team comprising of Nick Scribani, Holden Witkoff, Max Ralby, and Ricky Braha. 

The Project represents the first phase of a master development controlled by Alta. Princeton Commons will feature a diverse unit mix across multiple buildings with parking. A modern clubhouse and deck area will include a pool, fitness center, club room, outdoor playground, and more. The Project was designed by MSA Architects. The general contractor for the project is Jaxi. The second phase will include 226 apartments.

Alta Developers is a South-Florida based real estate development firm with current projects such as EON Flagler Village, Pacifica Boynton Beach, Quadro at the Miami Design District, Neovita Doral, VESTA at Neovita Doral, and past projects such as One Paraiso, Le Parc at Brickell, Quantum on the Bay, and Metropolis at Dadeland.