Loans in focus: OZK’s Florida condo addition; Bain’s Broadway spotlight; SMTB’s LA residence
Construction financing activity has been a steady fixture for Florida with Bank OZK adding to the momentum with a $323.8 million condominium development loan; Bain Capital is backing the refinance of 1375 Broadway in Manhattan with a $213 million debt package; Sumitomo Mitsui Trust Bank heads to the West Coast for an $80.8 million construction financing deal in Los Angeles; and more in our round-up of stateside loan deals from the past week.
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