Putting even more chips down on the new wave of condo construction, Regions Bank provided a $25 million construction mortgage for The Related Group’s 1100 Millecento condominium in Miami. The $105 million, 42-story project is a joint venture between Miami-based The Related Group and New York-based the Related Cos., which is headed by Miami Dolphins owner Stephen M. Ross. Most of the project cost will be financed by the buyers of the 382 units. It has reportedly sold out. The building at 1100…
Regions Bank gives Related $25M loan for Millecento
