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Not everyone is happy that Related is paying 70 cents on the dollar even though other bidders like Brookfield and Tredway have gone over 80.
Related Group and Alta Developers secured $240 million in construction financing for a luxury condominium project in downtown Miami.
Cain International is the lender.
Osborn Investments received $38.5 million in construction financing for a 97-unit luxury condominium project in Miramar Beach, Fla.
Related Group and Alta Developers started construction on a 56-story, 319-unit condominium tower in downtown Miami.