Live Local Act project breaks ground in Fort Lauderdale with $74M loan

Affiliated Development broke ground on a Live Local Act project in Fort Lauderdale after obtaining a $74 million construction loan.

Pacific Life Insurance Co. provided the mortgage to 1055 N Federal LLC, part of Fort Lauderdale-based Affiliated Development, for the Cove. It covers the 1.82-acre site at 1055 N. Federal Highway.

Read the full article here

Previous
Previous

Developer seeks $8.8M incentive from Fort Lauderdale for workforce housing

Next
Next

Developer seeks $6M from city to build workforce housing