Sarasota condo project gets $208 million construction loan

The developers of One Park Sarasota received financing for construction of their 18-story condominium in The Quay.

One Park Sarasota, shown in a rendering by Imerza, is expected to be complete by the first quarter of 2027.
One Park Sarasota, shown in a rendering by Imerza, is expected to be complete by the first quarter of 2027.
Courtesy image
  • Manatee-Sarasota
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A condominium project being built in downtown Sarasota has secured $208 million in construction financing. Commercial real estate lender RMWC is providing the loan for One Park Sarasota to developers Property Markets Group (PMG) and MoneyShow. Terms of the loan were not disclosed.

 

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