J. Milton & Associates has received a $136.5 million construction loan from Wells Fargo for the Parque Towers condominium. The project, at 300-350 Sunny Isles Boulevard, will have 350 luxury units spread out over two buildings. The first tower will be 25 stories, while the second will be 28 stories. In August, Wells Fargo granted the developer a $15 million loan, along with a facility to borrow another $150 million in the future. Law firm Arnstein & Lehr represented the developer for the loan.
