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Alton Bay Miami Beach Update 11/29/22

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. 

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