900 North Ocean Boulevard

This Condo property located in Florida received a loan of $158,900,000 24 days ago.

Location
900 N Ocean Blvd Pompano Beach, FL 33062, USA
Loan Value
$158,900,000
Asset Type
Condo
Parties
1 Lender

Canadian Imperial Bank of Commerce

Lender

Deals13

Volume$ 26,442,967,393

Social

Deal Summary:

LOAN IMAGE: Jon Paul Pérez & Jorge Pérez DATE: 09/09/2023 ADDRESS: 900 North Ocean Boulevard MARKET: Pompano Beach ASSET TYPE: Condo ~ ACRES: 3.07 LENDER: CIBC Bank USA (@cibc_us) LANDLORD: Related Group (@related_group) - Jorge Pérez & Jon Paul Pérez LOAN AMOUNT: $158,900,000 LOAN TYPE: Construction Loan NOTE: The Related Group has obtained a $158.9 million construction loan for its Casamar Residences condo project in Pompano Beach, Florida. The loan, provided by CIBC Bank USA, will help fund the development of 119 oceanfront condos with prices starting at $1.8 million, with completion expected in 2025. #Miami #RealEstate #tradedmia #MIA #PompanoBeach #Condo #CIBCBankUSA #RelatedGroup #JorgePerez #JonPaulPerez