Alton Bay Miami Beach
Developers Receive $64.3M Loan To Build Alton Bay Miami Beach
Located at 3900 Alton Road in Miami Beach, Mast Capital and Rockpoint are planning to build a nine-story residential building that will feature 178 multifamily units. PNC Bank recently gave the team of developers $64.3 million for construction financing. Developers hope to start construction early next year with completion scheduled for fall 2024.