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South Florida condominium nabs nearly $133 million construction loan

Allen Morris Co. receives Bank OZK financing for Ponce Park in Coral Gables
Ponce Park, left, will rise opposite the Plaza Coral Gables along Ponce de Leon Boulevard in Coral Gables, Florida. (Allen Morris Co.)
Ponce Park, left, will rise opposite the Plaza Coral Gables along Ponce de Leon Boulevard in Coral Gables, Florida. (Allen Morris Co.)
CoStar News
January 22, 2026 | 10:26 P.M.

Allen Morris Co. has received a $132.5 million construction loan for Ponce Park, a European-inspired condominium being built along the southern entrance to the central commercial district in Coral Gables, Florida.

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News | South Florida condominium nabs nearly $133 million construction loan