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Concord Summit Capital Closes $26.8 Million in | MultifamilyBiz.com

DANA POINT, CA - Concord Summit Capital, LLC (“Concord Summit”) arranged $26.8 million of total construction financing for Del Prado Place, a mixed-use condominium development in Dana Point, Calif., a coastal community located in Orange County, about halfway between Los Angeles and San Diego. Concord Summit sourced a $17 million Senior Construction loan and $9.8 million in CPACE financing.
Del Prado Place will offer 18 spacious one- and two-bedroom condominiums with expansive. ....

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Concord Summit Capital Closes $60 Million Construction Financing for 180-Unit Multifamily Development in Hollywood, Florida

FORT LAUDERDALE, FL - Concord Summit Capital, LLC (“Concord Summit”) arranged a $50 million construction loan and $10 million of preferred equity for a multifamily development in Hollywood, Florida. David Larson, Keegan Burger, and Daniel Rojo of Concord Summit’s Miami office served as advisors and sourced the financing.
The funds will be used for the construction of a 180-unit apartment development located in the core of Hollywood’s entertainment district –. ....

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