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Developers pay off $115M in Miami construction loans as condos near sellout

Developers pay off $115M in Miami construction loans as condos near sellout

Published: June 2, 2026 · The Real Deal

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South Florida developers knocked out a combined $115 million in construction loans for Miami condo towers that are nearly sold out, as the demand for hospitality-branded residences heats up in the region.  North Development paid off a $70 million loan to Form…