Keeping up with South Florida tradition, a number of big-dollar real estate deals have marked the last few weeks of the year.
Starting with a major step forward for the $2 billion Miami Worldcenter project, developers CIM Group and Falcone Group scored a hefty construction loan for the project’s 444-unit apartment complex. The $89 million loan will fuel construction of the development’s east tower — the first phase of the Seventh Street Apartments, a two-tower rental community near Northeast First Avenue and Northeast Seventh Street in downtown Miami, according to a news release.
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