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Florida & Gulf Coast  + South Florida  |  June 18, 2020
David Cohen
By: David Cohen

Centennial Bank Provides $7M Construction Loan for Hialeah MXU Project

Centennial Bank Southeast Florida has provided a $6.6 million construction loan for the redevelopment of Amelia Mixed Use, a mixed-use project in Hialeah.

Located at 7755 West Fourth Ave., the project will include 32-units totaling 38,350 square feet, as well as commercial space totaling 17,000 square feet. A daycare has preleased 4,500 square feet, while a local Pan.Com Sandwicheria has pre-leased 3,000 square feet, leaving 9,500 square feet of commercial space for rent.

J.C. de Ona and Joe Garcia of Centennial Bank provided the financing to the borrower, the Prestige Cos. The project signifies Prestige Cos.’ commitment to redeveloping within the Hialeah neighborhood known as the Amelia District.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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