Posted Apr 5, 2019, 7:38 PM
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Registered User
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Join Date: Jul 2005
Location: Miami
Posts: 4,043
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https://therealdeal.com/miami/2019/0...from-bank-ozk/
Quote:
YotelPad Miami scores construction loan from Bank OZK
Aria and AQARAT broke ground on 31-story tower in February and sales are at 75%
The development group building YotelPad Miami closed on a construction loan from Bank OZK for the downtown Miami project.
Aria Development Group and AQARAT received a $76.25 million loan from the bank, previously known as Bank of the Ozarks, property records show. The project, at 227 Northeast Second Street, will be a 31-story tower with 231 condos and 222 Yotel “cabins,” or small hotel rooms.
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