Fontainebleau Development scores loan for boutique Jupiter Island condo project
Jeffrey Soffer’s Fontainebleau Development secured a $50 million loan for a planned oceanfront condo development in Jupiter Island. Bank...
The Latest
La Clara condo project in WPB scores $110M construction loan
Toronto developer Great Gulf closed on financing for its West Palm Beach condo tower nearly two years after breaking...
National
Bank OZK’s Q4 was “strong end to challenging year”
One of the nation’s most active construction lenders ended 2020 on a high note following an overall miserable year...
Boca Beach House condo project scores $43M construction loan
Key International and Integra Investments secured a $42.6 million construction loan from Bank OZK for a luxury condo project...
Weekend Edition
Montana’s real estate market shows no signs of cooling heading into winter
Montana’s winters are brutally cold, but its real estate market is as hot as it gets. Buyers from more...
National
Bank OZK’s lending up in third quarter
New York’s commercial real estate market has been pummeled by the pandemic, but one of its biggest condo construction lenders reported almost no write-downs in the third quarter. On its earnings call Friday, Arkansas-based...
National
What delinquencies? Banks aren’t shying away from construction lending
UPDATED, Sept. 1, 2020, 11:00 a.m.: Bankers ran for the hills when the pandemic hit, but got back to...
Bank OZK seeks to foreclose on David Edelstein’s Lincoln Road buildings
Bank OZK is seeking to foreclose on a Lincoln Road property owned by developer David Edelstein. The Little Rock,...
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