$11.2 Million Construction Loan for Condo Development in Doral

Absolut Financial Resources arranged an $11.2 million construction loan for Century Home Builders. The borrower purchased about 7 acres of land, June 2013, for a 135-unit condo development in Doral.

The community, Century Park West, is situated north of Doral with convenient access to major highways, retail and commercial areas. The condominium will consist of 135 units with eight different models ranging from 1088 square feet to 1600 square feet. These luxury units will include a gated entrance with guard house, a swimming pool, clubhouse and gazebo, playground, reserved parking spots and ample guest parking, and surrounded by lush landscaping.

Absolut Financial Resources finances various types of commercial real estate. Based out of Miami, with over 26 years’ experience, AFR is known for experience and creativity in providing loans which meet their borrower’s requirements.

Absolut Financial Resources arranged the $11.2 million construction loan, which closed June 2015.