$26.9 MILLION CREDIT FACILITY SECURED FOR DESTIN MIXED-USE PROJECT

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DESTIN, FLA. — Cohen Financial has secured a $26.9 million credit facility for Emerald Grande, a mixed-use development encompassing 48,647 square feet of retail space and 280 condominium units. Located in Destin, the property is anchored by the restaurants Commander’s Palace and Pat O’Brien’s. Howard Taft and Charles Penan of Cohen Financial’s Miami office arranged the financing.

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