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Mar 6, 2026 4:50 PM

Stratton Capital Group Closes $38 Million Bridge Loan for Class-A Multifamily Development in Fort Lauderdale

FORT LAUDERDALE, Fla., March 06, 2026 (GLOBE NEWSWIRE) -- Stratton Capital Group announced today the successful closing of a $38 million bridge loan for the development and stabilization of a Class-A multifamily community in Fort Lauderdale's rapidly expanding Flagler Village district, one of South Florida's most active residential growth corridors.

The financing was structured as an 8.95% interest-only bridge facility, providing the sponsor with flexible capital to support the project through its final development phase and lease-up period. The structure allows the borrower to maintain cash flow during stabilization while positioning the asset for a permanent refinancing once the property reaches targeted occupancy levels.

The project is located in Flagler Village, a neighborhood that has transformed into a major residential and lifestyle hub within Fort Lauderdale's urban core. Positioned just ...