
Related Group Obtains $159M in Construction Financing for Pompano Beach Condos
The Related Group has secured $158.9 million construction construction loan for Casamar, a Pompano Beach oceanfront condo community.
Financing for the 118-luxury-unit project planned for 900 North Ocean Boulevard was provided by Canadian bank CIBC. Sales began in the spring of 2022 and have generated $315 million so far, with only three units remaining unsold. Ground broke in May and contractor Coastal Construction should deliver the building in the Q3 2025.
Prices started at $1.8 million for units that range from 1,000 – 3,900 square feet. Casamar was designed by Arquitectonica and the Rockwell Group, and offers community amenities including
sunrise and sunset pools, a residents’ lounge, virtual reality golf simulator, a pickleball court and a fitness center.
- ◦Financing