Developers Breaks Ground On 18-Acre Multifamily Development in Palm Springs, Florida
South Florida real estate development and investment firm Mast Capital has joined forces with Boston-based Rockpoint and The Spear Group to break ground on an 18-acre multifamily development in Palm Springs, FL. With $42.5 million in construction financing from Santander Bank, the project, located at 2085 S. Congress Ave., will rise on the site of the former YMCA of the Palm Beaches. The development will feature 264 upscale, garden-style apartments across 11 residential buildings.