Banks easing up on loans to some construction projects in Fla.

09/26/2013 | Miami Herald (tiered subscription model), The

Several ultra luxury projects in South Florida have been able to secure construction loans from banks recently, something that hasn't happened frequently for a few years. "They’re cherry-picking projects," said Martin Schwartz, a partner at Bilzin Sumberg. "The ones they’re picking are with a proven developer with a track record and substantial bucks behind them."

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Miami Herald (tiered subscription model), The

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