Wed Nov 15 2023
Goldman Sachs loans Codina Partners $115 million to build luxury apartments in Coral Gables – SFL Biz Journal
Codina Partners has started work on a high-end apartment building in Coral Gables designed by Nichols Architects, with extra spacious units after obtaining a $115 million construction loan. By Brian Bandell Veteran developer Armando Codina said he obtained the mortgage from Goldman Sachs, with whom he has a longstanding business relationship. His Coral Gables-based development firm contributed $75 million in equity into the Regency Parc project, he added. … Located on the 1.75-acre site at 2601 Salzedo St., the 18-story…