PNC provides $51m loan for Sunrise, Florida rental community

PNC Bank has provided a $51m loan to The Richman Group for the development of a 417-unit rental complex set to rise in Sunrise, Florida. The loan refinances a previous $25m loan SunTrust Bank provided when West Palm Beach-based Richman purchased the land from K Group Holdings for $15.4m in May. SunTrust provided an additional […]