36-unit condo project closes on multimillion dollar loan

The $36 million loan gives The DeMarcay a little breathing room when it comes to selling every unit.

  • By Business Observer Staff
  • | 4:18 p.m. October 25, 2021
  • | 0 Free Articles Remaining!
Courtesy. A rendering of the rooftop pool at The DeMarcay.
Courtesy. A rendering of the rooftop pool at The DeMarcay.
  • Manatee-Sarasota
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SARASOTA — A condominium project in downtown Sarasota recently closed on a new construction loan for $36 million. 

 

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