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Weston Title & Escrow Announces Closing of Construction Loan for Hallandale Yacht Club

Weston Title & Escrow Announces Closing of Construction Loan for Hallandale Yacht Club. Hallandale Beach luxury condo project going up on last available lot near Intracoastal.

Weston, FL Weston Title & Escrow announced that
it has just closed a $7.359 million dollar construction loan for
Hallandale Yacht Club, a five story, 44-unit luxury condominium
being built on the last remaining piece of property near the intracoastal
waterway in Hallandale Beach. The Millennium Group, a commercial
real estate company based in Weston headed by CEO Ignacio Martinez
and President Noel Epelboim, is developing the project.

The Hallandale Yacht Club, located at 201 Golden Isles Drive, offers buyers several luxury amenities including granite countertops for kitchens and bathrooms, imported European-style kitchen cabinets, marble master baths, oversized pool and spa and private marina. Millennium began construction in March of last year. So far 30 units have been pre-sold. The project, valued at $16 million, is slated to be finished by June 2003.

Attorneys Roy Oppenheim and Bill McCarty of the Oppenheim
Pilelsky Law Firm represented The Millennium Group in obtaining
the construction loan from Commerce Bank, N.A. Weston Title has
represented Millennium in several other commercial real estate projects
including Millennium Plaza at Parkland, a 62, 000 square feet shopping
center under construction in Parkland, Florida; and Millennium Plaza
at Weston, an upscale retail/office complex in Weston.

Weston Title & Escrow, Inc.

2500 Weston Road, Suite 404

Weston, Florida, 33331

(954) 384-6168

Fax: (954) 384-6115

Toll Free Phone Number: (888) 384-6114

E-mail: contactus@westontitle.com

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