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Affiliated Development Closes On $53 Million Loan And Begins Construction On West Palm Beach Workforce Housing Project

Affiliated Development Closes On $53 Million Loan And Begins Construction On West Palm Beach Workforce Housing Project

September 14, 2021

Fort Lauderdale-based Affiliated Development has started construction on the highly anticipated mixed-income workforce housing project, The Grand. The Grand was capitalized by a $53 million first mortgage from Bank United and an investment from Affiliated Housing Impact Fund, LP and a private family office.

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In Commercial, Development, Development News, Finance & Banking, Multifamily, News, News & Features, West Palm Beach, Workforce Housing Tags News & Features, News, Development, Development News, Lending, Financing, Finance, Finance & Banking, West Palm Beach, Palm Beach County, Workforce Housing, The Grand, Affiliated Housing Impact Fund, Mayor Keith James, 500 in 3, Nick Rojo, Affiliated Development, Bank United, Moss Construction, MSA Architects, Commercial, Multifamily, September 2021
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