$38,800,000 Aura Seaside Apartments – Construction Loan – Lantana, FL

$38,800,000

30 Day Libor + 2.50%

3 year term with 2 one year extension options

No prepayment penalty

 

Note, due to the loan size, two lenders teamed up to close this loan.

Property is located along the Intracoastal Waterway in Lantana, Palm Beach County, Florida

Closed by: Nico Pepia, Zach Nimhauser & Michael Brown

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