About $77 million of the loan will fund construction of the Tower at MorseLife, while the rest will help renovate the Tradition of the Palm Beaches.
November 06, 2015 at 03:00 PM
1 minute read
Two senior housing developments in Palm Beach County will benefit from a $138 million loan by Atlanta-based SunTrust Banks Inc.
SunTrust announced Friday that it closed on the tax-exempt senior secured credit facility for MorseLife Health System, a nonprofit health care and housing provider in West Palm Beach.
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