The Related Group has secured a $158.9 million construction loan for Casamar, a Pompano Beach oceanfront condo community. Canadian bank CIBC provided the financing for the 118-luxury-unit project located at 900 North Ocean Boulevard. Sales began in spring 2022 and have generated $315 million thus far, with only three units remaining unsold. Groundbreaking occurred in May and contractor Coastal Construction is expected to deliver the building by Q3 2025.
Prices started at $1.8 million for units ranging from 1,000 – 3,900 square feet designed by Arquitectonica and Rockwell Group featuring sunrise and sunset pools, residents’ lounge, virtual reality golf simulator pickleball court as well as fitness center amenities .
