Developers Secure $74 Million Construction Loan for Pompano Beach Condominium Community

U.S. Development has obtained $74 million in financing for Salato Pompano Beach, as the developers are set to break ground and begin construction. The financing was provided by Maxim Capital Group and BH3 Management. The community is 40% sold prior to the start of construction. Located at 305 Briny Avenue, Salato Pompano Beach is comprised of 40 expertly designed residences, and will rise 100 feet just across from the pristine oceanfront in Pompano Beach, Florida. Features include floor-to-ceiling windows that provide gorgeous views of the Atlantic Ocean, direct beach access, and an amenity deck that spans over 20,000 square feet and is designed to feel like a world-class luxury resort. Amenities include an ocean view pool and spa with separate wet deck and loungers, poolside lounge suite with owner’s bar, dry saunas and steam showers, massage room, state-of-the-art fitness center, a club room outfitted with a private catering kitchen and a curated beach experience.

View Salato Pompano Beach >>