Search
 

Sunny Isles Condo Wins $137M Construction Loan

MIAMI—"Many condo projects are in the planning stages in Miami but not all of them will be able to secure construction financing," attorney Luis Flores tells GlobeSt.com.

By Jennifer LeClaire | Updated on March 24, 2015

MIAMI—Parque Towers Developers, an affiliate of J. Milton & Associates, just secured a $136.5 million loan to construct a condominium in Sunny Isles, FL. Wells Fargo is lending the construction funds for Parque Towers at 300-350 Sunny Isles Boulevard.

The Miami office of Arnstein & Lehr represented Parque Towers. Luis Flores, a partner and chair of the firm’s Florida Commercial Practice Group, led a team including, David Shear, Rebecca Sarelson, and Amanda Shear on the deal. Joseph Milton, Yosi Gil, Rex Barker, Douglas Ramberg, and Ary Gomez led the Parque Towers team.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.