Click here to close now.




















Welcome!

News Feed Item

Ocean Land Investments, Inc. Secures Lending from Broward Bank of Commerce to Help Satisfy Demand for Housing in Fort Lauderdale

FORT LAUDERDALE, Fla., March 27, 2014 /PRNewswire/ -- According to the City of Fort Lauderdale's Comprehensive Plan (Ordinance C-08-18), Fort Lauderdale's population is projected to increase to approximately 227,225 residents by 2025.

(Photo - http://photos.prnewswire.com/prnh/20140327/FL92012 )

"As a developer, population projections represent opportunity," states Jean Francois Roy, founder Ocean Land Investments, Inc. (OLI). "The opportunity to provide housing options for current and future residents who are looking to secure a place in a burgeoning downtown urban environment like Fort Lauderdale."

In September 2013, Roy approached the Broward Bank of Commerce team to secure lending to purchase two parcels (one totaling approximately 31,200 SF and the other approximately 15,418 SF) in Fort Lauderdale's affluent Las Olas Isles Neighborhood on the eastern end of Las Olas Boulevard. The loans were approved and funded shortly thereafter.  There are 3 projects ongoing, Aquavita on Hendricks Isle, Aqualuna on Isle of Venice and the third site, 1800 Las Olas, which currently serves as the sales center for all the projects. 

"There are a lot of exciting growth opportunities happening in downtown Fort Lauderdale right now," states Keith Costello, CEO of Broward Bank of Commerce. "As a community bank with deep roots in Fort Lauderdale, we are a natural partner for quality developers who have a proven track record and resources to put together viable projects such as Mr. Roy has done."

The loans and investments the bank offers developers as well as mortgages for new construction condominiums are part of BBOC's ongoing efforts to provide Las Olas, as well as other South Florida communities, with innovative products and services designed to support economic growth.

"South Florida is showing signs of both a housing recovery and a strengthening economy, " states Costello. "Our focus of supporting the communities we serve is central to our work as a bank, and we're proud to be a part of this community's development."

About Broward Bank of Commerce
Broward Bank of Commerce is dedicated to serving the needs of small and medium-sized businesses as well as individuals who can benefit from the full range of banking, lending and financial management products and services. The bank provides unparalleled customer service, convenient online business and banking tools, serving consumers and businesses. In addition to Broward Bank of Commerce's suite of business-banking services, the bank also specializes in residential lending and personal banking. For more information about Broward Bank of Commerce, call (954) 761-4900 or visit www.browardbankofcommerce.com 

About Ocean Land Investments, Inc.
Ocean Land Investments, Inc. (OLI) was founded by Jean Francois Roy. After developing Canada's third largest portfolio of senior citizen residential life care facilities, Roy relocated to South Florida in the 1990's where he, along with his long time investment partner, OLI Principal Mark Issenman, and their team began focusing on a long-term approach for investing in prime waterfront properties that could be redeveloped with neighborhood and community support. For more information about OLI, call 954-900-3600 or visit www.oceanland.com

MEDIA RELEASE CONTACT
Laurie Menekou, (954) 271-4666 (or) 
[email protected] 

SOURCE Broward Bank of Commerce

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
ElasticBox, the agile application delivery manager, announced freely available public boxes for the DevOps community. ElasticBox works with enterprises to help them deploy any application to any cloud. Public boxes are curated reference boxes that represent some of the most popular applications and tools for orchestrating deployments at scale. Boxes are an adaptive way to represent reusable infrastructure as components of code. Boxes contain scripts, variables, and metadata to automate proces...
In his session at @ThingsExpo, Lee Williams, a producer of the first smartphones and tablets, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. He will explain how M2M controllers work through wirelessly connected remote controls; and specifically delve into a retrofit option that reverse-engineers control codes of existing conventional controller systems so the...
To support developers and operations professionals in their push to implement DevOps principles for their infrastructure environments, ProfitBricks, a provider of cloud infrastructure, is adding support for DevOps tools Ansible and Chef. Ansible is a platform for configuring and managing data center infrastructure that combines multi-node software deployment, ad hoc task execution, and configuration management, and is used by DevOps professionals as they use its playbooks functionality to autom...
The 3rd International WebRTC Summit, to be held Nov. 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 15th International Cloud Expo, 6th International Big Data Expo, 3rd International DevOps Summit and 2nd Internet of @ThingsExpo. WebRTC (Web-based Real-Time Com...
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, discussed why containers should be paired with new architectural practices such as microservices rathe...
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...
Puppet Labs is pleased to share the findings from our 2015 State of DevOps Survey. We have deepened our understanding of how DevOps enables IT performance and organizational performance, based on responses from more than 20,000 technical professionals we’ve surveyed over the past four years. The 2015 State of DevOps Report reveals high-performing IT organizations deploy 30x more frequently with 200x shorter lead times. They have 60x fewer failures and recover 168x faster
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
Containers are not new, but renewed commitments to performance, flexibility, and agility have propelled them to the top of the agenda today. By working without the need for virtualization and its overhead, containers are seen as the perfect way to deploy apps and services across multiple clouds. Containers can handle anything from file types to operating systems and services, including microservices. What are microservices? Unlike what the name implies, microservices are not necessarily small,...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Learn what is going on, contribute to the discussions, and e...
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.