Clark Capital Funding Group secures $55M acquisition loan for Luxury Apartment development , Lisboa, Portugal-Europe

NEWS RELEASE: August 23, 2022: Clark Capital Funding Group secures $55M acquisition loan for Luxury Apartment development in Lisboa, Portugal-Europe.

“We are very proud to announce an acquisition/developmental loan in the luxury apartment market. Our client’s strategy is to buy apartments that are still under construction in volume at a lower price and resell them at a higher price. Our lending team negotiated terms with our corresponding lender to provide financing to acquire the remaining full stock of 60 premium luxury apartments under construction. ” announced Walt Clark, Chairman and CEO of the Miami, FL-based private lender. READ MORE