Boca Raton mixed-use project scores $74M Bank OZK construction loan
A Compson Associates-led joint venture landed a $74 million construction loan for a planned mixed-use complex in Palm Beach County that started construction last month. Little Rock, Arkansas-based Bank Ozk provided the financing for The Aletto, which consists of two 10-story mid-rises with 140,000 square feet of retail and office space on a 1.3-acre site at 119 East Palmetto Park Road in Boca Raton, according to records and a news release. The project also includes a 550-space parking garage. Boca Raton-based Compson, led by Robert D’Angelo and Carl E. Klepper, Jr., is partnering with West Palm Beach-based North American Development […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Vacations can be stressful—here are 3 ways to fully unwind, according to a psychologist
Homes Remain Less Affordable Than Historical Average in 99% of U.S. Counties Analyzed
Vermont Ski Retreat That Once Hosted John F. Kennedy and His Family Is Listed for $5 Million After Stunning Restoration
What It Really Takes To Rebuild After a Disaster: Lessons From L.A.’s Recovery
This Southwest City Has the Most Manufactured Housing in the U.S. as Buyers Snap Up Affordable Homes
HGTV Star’s Foot Is ‘Shattered’ in Painful Accident Just Weeks After Surgery
DWS sells Coral Gables’ The Alhambra for $120M amid its retreat from office
Why Living Next to a Vacant House Should Be a Deal Breaker for Anyone Who Values Their Health and Safety
Alaska Airlines to buy more than 100 Boeing jets in carrier's biggest order ever
Moishe Mana’s Wynwood portfolio grows again with $34M purchase
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131