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Sources of Financing
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Sources of Financing BankAtlantic (800-226-0051) arranges commercial real estate mortgages for all types of projects, including office, industrial, retail and multifamily. The bank has a legal lending limit of $55 million. This year, the company will complete $500 million to $700 million in construction draws and between $500 million to $600 million in loans. GMAC Commercial Mortgage Corp. (215-328-4622) provided $3.1 million in fixed-rate permanent financing for Beachway Shopping Center, a 57,585 sq.ft. center located along Northeast 23rd Street in Pompano Beach, FL. The center is 97% occupied. |