On behalf of Tishman, Newmark Knight Frank has arranged a $30 million floating-rate loan from Banco Popular for the refinancing of the Sheraton Old San Juan on behalf of its client Tishman, the companies announced. ...
The property has also announced the new $85 million beachfront, ultra-luxury residential development, Ocean Drive, as well as The Atlantic Drive Estates and plans for a resort expansion.
The Candelero Beach Resort in Palmas del Mar community in Humacao will reopen next month, following a $3 million renovation.