Bank Of America Provides $84M Loan For Related Group's Multifamily Project In Fort Lauderdale

The multifamily property located at 201 & 227 S. Federal Highway in Fort Lauderdale has been involved in a recent transaction. The property, owned by the Related Group, secured a loan from Bank of America for an amount of $84,000,000. The property consists of 240 units and is situated in the Fort Lauderdale market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $84,000,000
• Address: 201 & 227 S. Federal Highway
• Market: Fort Lauderdale
• Lender: Bank of America
• Landlord: @Related_Group
• Units: 240

The loan was provided by Bank of America to the Related Group, who serves as the landlord of the property. This transaction highlights the involvement of key individuals and companies, including Jeff Blau, J.P. Perez, Stephen Ross, and Jorge Pérez as depicted in the accompanying image.