ACRE Scores $123.8M Construction Loan for Miami Rental Community

ACRE landed a $123.8 million loan, allowing it to start work on a Miami residential community. Canyon Partners Real Estate provided the financing. Adela on the Park will comprise 337 residential units along with 6,000 square feet of ground-floor retail. The property will offer a full amenity package, including a rooftop pool deck, clubroom, co-working...