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Edwards Companies Lands $119M To Build Mixed-Use Dev in Delray Beach

Summary by Commercial Observer
Edwards Companies scored a $119 million construction loan from Bank of America (BAC) for the second phase of the Atlantic Crossing mixed-use development in Downtown Delray Beach, Fla., property records show. The financing will go toward constructing two mid-rise buildings — one for condos, housing 82 units, the other for offices and retail — as well as two parking garages at 777 East Atlantic Avenue, a block west from the Intracoastal Waterway. …
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