Friday, August 19, 2011

BankUnited Lends $22 Million to The Graham Companies in Miami Lakes, FL

   


 
 BankUnited employees pictured with The Graham Companies President and CEO Stu Wyllie (fifth from left). From left to right: Zory Martinez, Sabine Bouchereau, Barbara Burke, Jeffrey Stratmore, Stu Wyllie, Nic Bustle, Fernando Gomez and Bob Hummel.


Construction Begins on The Residences at Lakehouse in Miami Lakes

 

MIAMI LAKES, FL. – BankUnited provided $22 million in the form of a commercial loan to finance The Graham Companies’ newest project, The Residences at Lakehouse, which recently broke ground on a 20.9 acre site along Commerce Way west of Northwest 82nd Avenue in Miami Lakes.

 The Residences at Lakehouse, projected for completion in December 2012, will feature 21 multi-family buildings containing 270 luxury rental units.  General contractor for the project is CB Constructors, a division of Current Builders.  Coconut Grove architect Roger Fry is responsible for the design.

 According to BankUnited’s Nic Bustle, senior executive vice president for corporate and commercial lending, “This project has been talked about for a while, and we are proud that BankUnited provided the financing to see it through to fruition.  BankUnited is committed to supporting Florida’s economic recovery by providing businesses such as The Graham Companies, well-respected for its development of Miami Lakes, with access to financing.”

 Executives on hand for the groundbreaking of Lakehouse Apartments were: Stu Wyllie, president and CEO, The Graham Companies; Nic Bustle, senior executive vice president, corporate and commercial lending, BankUnited; and Fernando Gomez, vice president, corporate and commercial lending, BankUnited, who played a key role in the deal.  

 BankUnited, headquartered in Miami Lakes, Fla., is one of the strongest and most well-capitalized banks in the country. Serving businesses and consumers in 13 Florida counties through more than 80 branches, BankUnited provides a wide range of commercial and consumer banking services. For additional information, call (877) 779-2265 or visit www.BankUnited.com.

 Established by brothers Phil, Bill, and Senator Bob Graham, The Graham Companies is responsible for single-handedly envisioning, planning, and developing Miami Lakes on what was once the family's dairy land. Today, as the town's largest landowner, The Graham Companies plays a significant role in guiding and shaping the community built by its founders.




 
From left, above photo: : Alan Stocker, Current Builders; Roger Fry, architect; Luis Martinez, The Graham Companies; Nic Bustle, BankUnited; Stu Wyllie, The Graham Companies; Fernando X. Gomez, BankUnited; Chip Reid, Current Builders; and Alex Saillant, The Graham Companies.

 Contact: Mary Harris, BankUnited, 305-817-8117,                                       



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