The Ritz-Carlton Residences in Singer Island has reached 80 percent occupancy.

March 22, 2013 | News

Screen Shot 2013-03-28 at 1.23.19 PMThe Ritz-Carlton Residences in Singer Island has reached 80 percent occupancy, with a total sales volume of $162 million to date, the condominium announced today. In January, the building reported $25 million in sales in just 45 days.

The Lionheart Capital-developed property has also paid off its $86 million loan to a consortium of banks led by Fifth Third Bank, a statement said. Unit prices in the building range from $700,000 to $10 million.

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