Affiliated Development Secures $73M Construction Loan and Breaks Ground on The Dune at Federal Highway in Boynton Beach
South Florida-based Affiliated Development has closed on a $73 million construction loan with Pacific Life Insurance Company for The Dune, a mixed-use, mixed-income multifamily development in Boynton Beach, Florida.
Located off Federal Highway just north of Delray Beach, The Dune will deliver 336 residential units, including 298 luxury apartments in an eight-story building and 38 three-story luxury townhomes with internal parking garages, along with street-level retail and structured parking.
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