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Elan Audubon Park is a 449-unit multifamily asset Elan Audubon Park is a 449-unit multifamily asset

MIAMI—Trez Forman Capital Group recently completed an $85 million construction loan to a Fort Lauderdale development company led by Scott Bodenweber, Denny St. Romain and Thomas Vogel. The company plans to develop 4 West Las Olas, a riverfront 260-unit luxury rental project with approximately 12,000 square feet of retail and 387 parking spaces.

For Trez Forman, a joint venture formed in 2016 by Palm Beach-based Forman Capital and Vancouver-based Trez Capital Group—one of Canada’s largest private commercial mortgage lenders— the 4 West Las Olas transaction kicks off a busy year. The venture is projected to complete more than $300 million in deals in 2018.

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Jennifer LeClaire

 

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