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Concord Summit Capital Closes $269 Million Construction Loan for Luxury Nautilus 220 Condominium Project in Palm Beach County

FORT LAUDERDALE, FL - Concord Summit Capital, LLC (“Concord Summit”) arranged a $269 million construction loan for Nautilus 220, a 330-unit luxury condominium project that is the first of its kind in Palm Beach County’s Town of Lake Park. The borrower, Forest Development, is developing 24-story twin condo towers on the water with a restaurant from renowned chef David Burke and many amenities in the once-overlooked town just across the Intracoastal Waterway from Singer. ....

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