Envy Pompano Beach
Update
09/03/24
Developer Secures $55.22 Million Bridge Loan for Condo Conversion in Pompano Beach
Invesca Development Group has obtained a bridge loan for a condo conversion project in Pompano Beach. The financing was provided by Forman Capital. Envy Pompano Beach is a 214 unit high- rise, market rate luxury rental project, the residential units will be converted into for-sale condominiums. The studio, one-, two-, and three-bedroom units range from 703 to 1,026 square feet. Community amenities include a pool with cabanas, outdoor movie theater, fitness center, spa, wine lounge, pet spa and marina access. With the units spread across 2 buildings, Envy is situated on 1.5 acres directly on Atlantic Blvd, on the northern portion of the Koi Residences and Marina Master planned development.
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