Affiliated lands $80M construction loan for Fort Lauderdale multifamily project

Written By Steve M

Affiliated Development is the latest South Florida developer to nab construction financing for an apartment project, despite a slowing multifamily market.

Fort Lauderdale-based Affiliated, led by CEO Jeffrey Burns, secured an $80 million loan from Bank of Montreal to build The Era, a planned eight-story building with 400 apartments in the firm’s home city, records show.

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Steve M
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