Trez Forman Capital Group has granted an $80 million construction loan to Elevate Partners for the development of a luxury rental tower in Fort Lauderdale. The 25 story tower, 4 West Las Olas, is located at 305 South Andrews Avenue and will feature 260 units. The firm is currently in the process of demolishing buildings and plans to break ground in a couple of months. The building will also house 5,000 square feet of retail space and the Briny Irish Pub will remain on the ground floor of the adjacent parking garage. Elevate Partners bought the site this past August for $24 million.
