Related Closes $115M Construction Loan for Hyde Beach House Hollywood

Rendering of Hyde Beach House. Inset: Jorge Perez

Related Vice President Eric Fordin told The Real Deal in December that the developer was in talks with a lender to close on a loan exceeding $100 million for the project, a 265-resort-condo unit and 77-condo project at 4000 South Ocean Drive. It was about 70 percent sold at the time with prices ranging from $590,000 to $1.3 million. [Link]