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Brian Bandell 2023-03-07 20:14:28

Developer breaks ground on Atlantica apartments in Dania Beach with $17M loan

A developer broke ground on the Atlantica apartment complex in Dania Beach after obtaining a $17 million construction loan. Miami Lakes-based Mint 12 Credit 1 LLC provided the leasehold mortgage to Lojeta Dania Partners, managed by Alexander Ruiz of Miami Lakes-based Prestige Cos. The developer leased the 4.67-acre site on the south side of Northeast Second Street, just west of Gulfstream Road, from East Side Five LLC in 2021. Lejota Construction, managed by Robert Tabatchnick in Boca Raton, filed notice with the county that it started construction of 124 apartments there.

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