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Peloton evaluated four different US markets and found that the Dallas area offered the most attractive options and a CBRE survey revealed that Dallas was in the number two spot as favored by investors.
The development team of Bizzi & Partners Development, Silverback Development and Corvin Capital, LLLC acquired earlier this year the one-acre parcel at 100 SW 6th St. in Fort Lauderdale for $12 million.
Capital from a fund called the Impact Pool will be used to bridge the gap between traditional mortgage financing and charitable contributions with mezzanine investments.