El-Ad Tops Off Phase II of Boca Raton Luxury Condos
Alina Residences. Image courtesy of El-Ad National Properties El-Ad National Properties , a subsidiary of Elad Group , has topped off Alina 210, pa...
Alina Residences. Image courtesy of El-Ad National Properties El-Ad National Properties , a subsidiary of Elad Group , has topped off Alina 210, part of the second phase of Alina Residences, a luxury condominium development in Boca Raton, Fla. At full build-out, the community will comprise a total of 303 units. The second phase of Alina Residences is subject to a $52.8 million loan from the New York branch of Deutsche Bank , while the first phase benefited from $146 million in construction financing from Deutsche Bank and Bank Hapoalim , as reported by the South Florida Agent .