Shoma Group Obtains $172.5M C-PACE Loan for North Bay Village Development

Newmark has arranged $172.5 million in C-PACE construction financing on behalf of Shoma Group for Shoma Bay, a landmark mixed-use waterfront development in North Bay Village, Florida. Located at 1850 John F. Kennedy Causeway, the 24-story development will comprise 333 luxury condominium residences and a retail component anchored by a new 36,000-square-foot Publix Super Market.... The post Shoma Group Obtains $172.5M C-PACE Loan for North Bay Village Development appeared first on Connect