Miami-based 3034 Oak Park LLC transferred the incomplete Arbor condominium to Arbor Grove Development LLC. The deed is in lieu of foreclosure in exchange for the lender releasing $20.96 million in personal guarantees against the seller, but the original loan remains in place on the property.
Urban Atlantic Group
Developers closed a nearly $21 million loan to complete construction of the 48-unit boutique luxury condo project located behind CocoWalk. CLICK ON THE HEADLINE FOR MORE
Units at the five-story, 52-unit condo building start at $799,000. CLICK ON THE HEADLINE FOR MORE