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Recent Posts. Harvey’s hit to mortgages could be four times worse than predicted-and then there’s Irma; Menin Development obtains construction loan for Delray City Market food hall – South Florida Business Journal

South Florida real estate developer Menin Development landed a $72 million loan to finance construction of The Ray, a 141-room hotel planned in downtown Delray Beach. Madison Realty Capital provided the 24-month construction loan with extension options. Hilton will manage The Ray and fold the boutique hotel into its Curio Collection brand.

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The Delray Beach Advantage As South Florida’s emerging entrepreneurial economy, Delray Beach is a diverse, vibrant community that is attracting and growing businesses and companies of all sizes. More companies are choosing Delray Beach for their startup enterprises, regional offices and corporate headquarters, taking advantage of our rich culture of innovation and track record of success.

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Menin Development obtains construction loan for Delray City Market food hall – South Florida Business Journal Menin Development scored a $29.8 million construction loan for its planned food hall project near downtown delray beach. menin secured the loan from City.

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