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New Pinnacle Condo Resort

Author: Diana Heeb Bivona

GlobeSt.com is reporting that the developers of the 1,100-unit Pinnacle Condominium Resort have secured interim financing to cover the remaining pre-construction costs for the $850-million, 12-acre development. The twin-tower 36-story structure is tentatively scheduled to break ground in the fall of 2006 and open in the second quarter of 2009. The $40-million pre-construction loan was funded by Berkshire Capital Financial.

This entry was posted on Saturday, June 10th, 2006 at 12:25 am and is filed under Commercial Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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