JV Secures $84M Construction Loan for Ft. Lauderdale Apartments
Centennial Bank has provided a $84.4 million loan to facilitate the construction of a mixed-use, affordable housing development—The Arcadian—in Fort Lauderdale. Sunshine Shipyard LLC, an affiliated company of the joint venture between Fuse Group and Boca Paila LLC, is leading the project. The Community Redevelopment Agency Board of Commissioners approved a $10 million incentive to Sunshine…