LCOR Secures $192.5 Million Loan for New Edgewater Apartment Tower

New York-based developer LCOR has secured a $192.5 million construction loan to build a 39-story, 544-unit luxury apartment tower at 1775 Biscayne Boulevard in Miami. The project is moving forward despite reports of a lingering apartment oversupply in the South Florida market.

We have not fully decoded this article yet, so read the full story at The Real Deal Miami.