NoBe Bay Holdings Secures $18 Million Construction Loan
NoBe Bay Holdings, LLC, a joint-venture between Miami-based 13th Floor Investments and Miami-based Key International, announced today the successful closing of an $18 million construction loan from U.S. Bank, said Iñigo Ardid, vice president of Key International. The secured funds will put equity back into the project as well as fund construction to finish the waterfront NoBe Bay condominium in Miami Beach and its neighboring parking garage and retail structure, he said.
"We are very pleased to partner with U.S. Bank to finalize the development of NoBe Bay," ...


