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Developer refinances one of Florida's first Live Local Act projects

Cymbal DLT scores $114 million loan from Apollo Global Management and RXR Realty Investments
Cymbal DLT's Laguna Gardens scored a $114 million loan from Apollo Global Management and RXR Realty Investments. (Cymbal DLT)
Cymbal DLT's Laguna Gardens scored a $114 million loan from Apollo Global Management and RXR Realty Investments. (Cymbal DLT)
CoStar News
February 12, 2025 | 6:58 P.M.

Cymbal DLT has secured $114 million to refinance the developer’s Laguna Gardens apartment complex that was one of the first projects built under Florida’s affordable housing law known as the Live Local Act.

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