Related Group Refinances Its Las Olas Tower
The Miami-Based development firm refinanced Icon Las Olas to $140 Million
The development, which faced several hurdles when it was in the beginning stages starting all the way back in 1999, is now reaching the top echelon of the Fort Lauderdale housing market.
Related Group says that the tower is now nearly at full occupancy.
Based on recent sales nearby, Icon is setup to possibly the highest valued property in Fort Lauderdale with a per-door price of around $530k per unit.