Centennial Bank

Centennial Bank Provides $60.7 Million Construction Loan To First Multifamily Development Within Historic 200-Acre Hialeah Park

Centennial Bank has announced a substantial construction financing loan of $60.7 million for Flamingo Village. This multifamily development marks a significant milestone as the first of its kind within the historic 200-acre Hialeah Park Race Track in Hialeah. Flamingo Village is a joint endeavor between the Brunetti Organization, the owner of Hialeah Park, a renowned real estate investment enterprise, and the Prestige Companies, a prominent real estate firm known for their ventures in South Florida and their instrumental role in revitalizing Miami’s Hialeah submarket.

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Related And BH Group Acquire $28.5MM Loan for Pompano Beach Site On N. Ocean Boulevard

Related Group, led by renowned developer Jorge Perez, and BH Group, headed by Isaac Toledano, have secured a substantial $28.5 million loan from Centennial Bank for their latest venture in Pompano Beach. This hidden gem of South Florida has been captivating the attention of real estate developers, restaurateurs, and prospective residents, thanks to its waterfront allure and emerging status as a coveted destination.

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