Pompano Beach property
POMPANO BEACH, FL—Madison Realty Capital has originated a $102 million first mortgage loan for two South Florida multifamily assets here.
The funding MRC is providing to Invesca will finalize construction of a multifamily development that is 98% complete. It consists of 214 high-end apartments and 12,000 additional square feet of retail. The property is in lease-up with expected occupancy in the next two months.
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