DELRAY BEACH, FL—The developers of a luxury development here where condo prices will run from $5 million to $10 million, has landed financing that will launch construction of the venture.
National Realty Investment Advisors and U.S. Construction have announced they have closed on a $73-million loan from CIM to begin construction on their Ocean Delray development. The Cushman & Wakefield team of John Alascio, Christopher Moyer, TJ Sullivan and Emily Johansen arranged the construction financing.
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