Fort Lauderdale’s EON at Flagler Village apartments bagged $127.5 million in financing with South Florida’s multifamily market chugging ahead at full speed.

EON, which is rising in the trendy Flagler Village, comprises a completed 206-unit, twin-tower building and a second 270-unit, twin-tower addition under construction for a spring 2021 completion. The three-year, floating-rate loan will pay off construction financing for the finished building and help pay for construction of the second building.

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