The bank finances 77 affordable apartments in Miami's Allapattah neighborhood.
November 13, 2015 at 04:00 PM
1 minute read
A $42 million financing deal announced Friday paves the way for Allapattah Trace Apartments, a 77-unit affordable apartment development northwest of downtown Miami.
Two SunTrust affiliates made the loan to the Greenwich, Connecticut-based developer Richman Group for the venture along Northwest 17th Avenue and 34th Street in Miami’s Allapattah neighborhood, two blocks south of Miami Jackson Senior High School.
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