South Florida Business Journal on Veridian Grove securing $16.2 Million loan - 7311 Belle Meade Island Dr.
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27 Feb South Florida Business Journal on Veridian Grove securing $16.2 Million loan

Posted at 22:05h in News by
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Sabal Development broke ground on its Veridian Grove community in eastern Kendall after securing a $16.22 million construction loan.

Branch Banking & Trust Co. (NYSE: BBT) awarded the mortgage to 8290 Partners LLC, an affiliate of Sabal Development led by Pascal Nicolai. It consists of a $7.72 million acquisition and development loan and an $8.5 million revolving construction loan.

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