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NYC’s Silverstein Taps Hot South Florida Market With New Loan

The lending arm of New York-based developer Silverstein Properties is putting $340 million into a luxury hotel and condo project in downtown Miami.

The construction loan for the Legacy Hotel & Residences, a project being built by Royal Palm Cos., comes amid rising demand for new condos and hotel rooms in South Florida.

To view this article, please click here -- Bloomberg News


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