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Developer of Triton Center project in Miami at former INS building obtains $26M loan – South Florida Business Journal

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Developers planning to redevelop a former home of the U.S. Immigration and Naturalization Service (INS) in Miami borrowed $26 million to finance the project. The developers have razed the building the INS occupied and plan to turn the 1.4-acre property into a mixed-use development called Triton.

The developer of the Modern Miami apartment project in Miami’s Health District has obtained a $25.5 million construction loan. Waterton UC Owner LLC of Chicago received the financing Friday from a group of lenders managed by HSBC Bank USA N.A., according to Miami-Dade County records.

Projects That Can Boost Your Home’s Value – North Florida Mortgage Since properties are reassessed so rarely in North Carolina, assessed values can differ greatly from actual home values, and it can be difficult to compare rates from one area to the next. For that reason, it is useful to look at effective tax rates. An effective tax rate is the annual property tax paid as a percentage of total home value.

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