Related, Merrimac score $160M loan for Waldorf Astoria Residences Pompano Beach

by Katherine Kallergis

The Pérez family’s Related Group and the Motwanis’ Merrimac Ventures secured a $160 million construction loan for their Waldorf Astoria Residences Pompano Beach condo development, The Real Deal has learned.  Miami-based Related and Fort Lauderdale-based Merrimac received the financing from Bank OZK, an active construction lender in South Florida. The 92-unit oceanfront development planned for […]This article originally appeared on The Real Deal. Click here to read the full story.

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