Falcone scores $86M construction loan for Oakland Park centerpiece

Falcone Group scored an $85.5 million senior construction loan for a mixed-use development in Oakland Park.  Bank OZK provided the financing, which paves the way for construction on Horizon of Oakland Park to begin Nov. 16. Plans call for 311 apartments and 20,700 square feet of retail space, according to a release. Roughly 20 percent of the units will be set aside for workforce housing.  Greenleaf Park was relocated and upgraded with basketball, tennis and pickleball courts, a playground, a pavilion and 195 public parking spaces as part of the project. The development is slated for completion by early 2029, […]

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