By Andrew McIntyre ( May 26, 2021, 6:22 PM EDT) -- Merrimac Ventures has landed roughly $71 million in construction financing from Bank OZK and CanAm Enterprises for a multifamily project in Plantation, Florida, the South Florida Business Journal reported on Wednesday. The loan, which includes more than $50 million from Bank OZK and $21 million from CanAm, is for 1711 N. University Drive, where Merrimac is building 306 apartment units, according to the report....
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