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Pompano Condo Project Secures $73.8M Loan

Pompano Condo Project Secures $73.8M Loan

U.S. Development is set to begin construction on Salato Pompano Beach, a luxurious 40-unit condominium project located next to the iconic Pompano Pier. The developer recently secured a $73.8 million construction loan from Maxim Capital Group and BH3 Management, with assistance from Jason Krane of Ackman-Ziff.

KAST Construction has been chosen as the builder for this highly anticipated project, which is expected to be completed before the end of the 2026 season.

Designed by Randall Stofft Architects, each unit at Salato offers direct beach access and boasts over 20,000 square feet of top-of-the-line amenities. Ranging in size from 2,106 to 3,354 square feet and starting at just under $2 million each residence features an ocean-view pool and spa with a separate wet deck and loungers; a poolside lounge suite complete with covered bar and loggia; dry saunas; steam showers; massage rooms; state-of-the-art fitness center; as well as an event space equipped with its own private catering kitchen.

In addition to these lavish residential units, Salato also includes approximately 2

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