Congratulations to Carl Klepper Jr and Bobby D’Angelo of COMPSON ASSOCIATES GROUP INC on the successful groundbreaking and construction loan closing with Bank OZK for The Aletto in Boca Raton.
This much-anticipated project will deliver over 140,000 SF of premier office space, multiple destination dining concepts, and a rooftop restaurant with sweeping ocean and city views, further elevating the Downtown Boca Raton landscape.
Brora Capital is proud to have served as the land lender, providing a $14.5MM land-to-construction bridge loan, which was successfully paid off in connection with this closing, supporting the project through its early stages.
It’s great to see a well-conceived project move from vision to vertical. Congratulations to the Compson team and all involved on reaching this important milestone — we are excited to watch The Aletto come to life.