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Construction Loan for Baccarat Residences in Miami Secured After Years of Delay

Developers Related Group, GTIS Partners Get Financing From Bank OZK for 75-Story Tower
Baccarat Residences' developers Related Group and GTIS Partners secured a $328 million construction loan for the new condominium tower along the Miami River. (Related Group)
Baccarat Residences' developers Related Group and GTIS Partners secured a $328 million construction loan for the new condominium tower along the Miami River. (Related Group)
CoStar News
April 1, 2024 | 10:21 P.M.

Baccarat Residences, a luxury condominium tower being developed by Related Group and GTIS Partners, has secured a $328 million construction loan as activity at the site moves forward after years of delays.

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News | Construction Loan for Baccarat Residences in Miami Secured After Years of Delay