Developers are seeking Miami for new projects as the real estate market continues to expand. The Esplanade apartment building secured a $70 million construction loan in an area poised for growth and development.
"People are always looking for new areas in Miami to grow and expand," said Real Estate attorney Elena Otero, who worked on the financing deal.
READ: Apartment Tower Scores $70 Million to Rise in Miami Growth Area (Subscription required)
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