Success With Past Project Helped Secure $136.5M Loan
Arnstein & Lehr attorneys Rebecca Sarelson, David Shear, Luis Flores and Amanda Shear locked in a $136.5 million construction loan from Wells Fargo to build Parque Towers in Sunny Isles Beach.
March 31, 2015 at 07:00 AM
4 minute read
Dealmakers: Luis Flores, David Shear, Rebecca Sarelson and Amanda Shear
The Deal: The attorneys in Arnstein & Lehr's Miami office represented Parque Towers Developers LLC in securing a $136.5 million construction loan from Wells Fargo Bank N.A. to build a high-end condominium complex in Sunny Isles Beach. The deal closed March 23.
Details: Parque Towers is an affiliate of Coral Gables-based developer J. Milton & Associates, which is known for its apartments but in recent years has focused on luxury condominiums.
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