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Lauderdale Marine Center gets $60M loan
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Lauderdale Marine Center gets $60M loan
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Lauderdale Marine Center gets $60M loan
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Newspaper Article
Lauderdale Marine Center gets $60M loan
2013
Overview
It makes good business sense for BankUnited, the largest locally based bank in South Florida, to be loaning to a key marine company that is part of a South Florida multibillion-dollar industry, he added. It's \"a key economic engine that helps drive the regional economy,\" according to a BankUnited statement. Lauderdale Marine center officials wouldn't disclose details Monday of the refinancing deal. But the new lower interest rates involves \"very significant savings,\" said owner, Dr. Selvin Passen, a retired pathologist who also owns the Baltimore Marine Center in Maryland. That will free up money to further improve the Lauderdale Marine Center, Passen said. \"We're always upgrading in the yard with the newest technologies,\" he said.
Publisher
Tribune Interactive, LLC
Subject
