Affiliated Breaks Ground on Lake Worth Beach Apartments with $31M Loan
Affiliated Development started construction on the Bohemian apartments in Lake Worth Beach after obtaining a $31.4 million construction loan.
Miami Lakes-based BankUnited awarded the mortgage to 1017 Lake Ave LLC, part of Fort Lauderdale-based Affiliated Development, led by CEO Jeff Burns. It covers the 2-acre site at 1017 Lake Ave. and 101 S. East Coast St. Moss & Associates recently filed notice with the county that it started construction on the Bohemian. The 7-story project will have 200 apartments, 3,619 square feet of commercial space, 247 parking spaces…….
Read More: Affiliated Breaks Ground on Lake Worth Beach Apartments with $31M Loan — Affiliated Development