The Ray in Delray Beach to break ground – South Florida Business Journal

South Florida real estate developer Menin Development landed a $72 million loan to finance construction of The Ray, a 141-room hotel planned in downtown delray beach.madison realty capital provided the 24-month construction loan with extension options.Hilton will manage The Ray and fold the boutique hotel into its Curio Collection brand.The Ray.

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South Florida real estate developer Menin Development landed a $72 million loan to finance construction of The Ray, a 141-room hotel planned in downtown Delray Beach. Madison Realty Capital provided the 24-month construction loan with extension options.

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"With its unique amenities, event spaces and innovative architecture, The Ray will appeal to out of state vacationers and business travelers, as well as to local and regional residents looking for a unique getaway in one of Florida’s most popular destination beach towns," menin president craig menin stated.

Republicans push to expand solar power in NC She said she would continue to push for people to have better access. coupled with apparent Democratic losses in other contested races in North Carolina’s 9th and 13th districts, means Republicans.

Breaking Ground with Brian Bandell: 5 takeaways on Boca Raton development from experts. By Brian Bandell – Senior Reporter, South Florida Business Journal May 11, 2018, 6:57am EDT Updated May 11, 2018, 8:57am EDT Boca Raton is a prime example of the imbalance between supply and demand in South Florida.

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"Delray Beach has a thriving food and beverage culture. Food halls are the latest trend in dining, where a family can go, every person picks what they want and everyone sits down together to eat." Menin has hired Dennis Max, noted south florida restaurateur, to help design and choose vendors for the hall.

The Related Group plans to break ground Sept. 6 on Hyde Beach House, a 342-unit, condominium-hotel in Hollywood. The 40-story project, at 4010 S. Ocean Drive, will have 265 condo-hotel units and.

Pending Home Sales Trail Off 1.5% in April The Pending Home Sales Index, a forward-looking indicator based on contract signings, fell 1.5% to 104.3 in April, down from 105.9 in March. Year-over-year contract signings declined 2.0%, making this the 16th straight month of annual decreases.