Bank OZK awards construction loan to Driftwood Acquisitions & Development and Merrimac Ventures for Tru by Hilton and Home2 Suites by Hilton hotel in Fort Lauderdale – South Florida Business Journal

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A joint venture between Merrimac Ventures and Driftwood Acquisitions and Development has secured $28.5 million for the construction of a new Hilton-franchised hotel in Fort Lauderdale, Fla. Mission Capital Advisors arranged the non-recourse loan through Bank OZK, on behalf of the partnership.

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A joint venture between Merrimac Ventures and Driftwood Acquisitions and Development has secured $28.5 million for the construction of a new Hilton-franchised hotel in Fort Lauderdale, Fla. Mission Capital Advisors arranged the non-recourse loan through Bank OZK, on behalf of the partnership.

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The hotel has two brands by Hilton. Please Sign In and use this article’s on page print button to print this article.

Commercial REO Services -Asset manager and Bank services for commercial property management, valuations,sales-top dollar,fast, no hassles. $2.5 million in investment advisory and trust services and $616 thousand in earnings on bank owned life insurance all resulting primarily from the additional accounts acquired in the Guaranty.

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They learn to tweet by filling out 140-character forms that are later tweeted for them; they answer questions.local search site search. home; today’ s Globe; news; business; sports; lifestyle; A&EBank OZK awards construction loan to Driftwood Acquisitions & Development and Merrimac Ventures for Tru by Hilton and Home2 Suites by Hilton hotel.