An aerial rendering of ALINA Residences Boca Raton under construction next to the Boca Raton Resort and Club golf course.
Alina Residences, a luxury condominium and villa project under construction next to the Boca Raton Golf Club, received a $146 million boost.
The loan will help pay for construction of the first phase comprising a nine-story, 121-unit building and some of the villas southeast of Palmetto Park Road and U.S. 1 for opening set in the fourth quarter 2020.
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
