Charles Penan, left, executive vice president and Howard Taft, right, senior managing director with Aztec Group. Courtesy photosRetail Segment of Royal Palm Beach Development Secures $18 Million Refi
Miami-based Aztec Group negotiated the loan on behalf of the Tuttle Royale master developer.
March 17, 2020 at 03:09 PM
2 minute read
A sprawling mixed-use development in Palm Beach County got an $18 million boost with help from a Miami-based real estate real estate investor and merchant bank.
The 200-acre Tuttle Royale is to rise in Royal Palm Beach, and Aztec Group Inc. secured the refinancing for a 39-acre retail segment.
Aztec senior managing director Howard Taft and executive vice president Charles Penan arranged the loan on behalf of developer Tuttle Land Development based in Hillsboro Beach.
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