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Tortoise Properties Secures $88.5 Million Construction Loan for 264-Unit Luxury Apartment Development in West Palm Beach

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WEST PALM BEACH, FL - Tortoise Properties, LLC, a privately held commercial and residential company headquartered in Palm Beach County, secured a $88.530 million construction loan and will begin building its newest mixed-use residential development in downtown West Palm Beach. Lending was provided by Acore Capital for the development of two eight-story towers on 2.5 acres at 740 and 840 North Dixie Highway that will be connected by a floor-to-ceiling glass skybridge suspended over Eucalyptus...

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Jake Geleerd , Kelly Brannen , Mcnamara Salvia , Hensel Phelps , Keshavarz Associates , Tortoise Properties , Palm Beach County , West Palm , Acore Capital , Dixie Highway , West Palm Beach , Properties President , Founder Jake Geleerd , Tortoise Properties Chairman , Co Founder Kelly Brannen , Verdex Construction , Castle Residential , Managed Land Entitlements , Apartment , Cquisition , Ultifamily ,

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