LOAN IMAGE: Diego Ardid, Inigo Ardid & Arnaud Karsenti DATE: 11/20/2025 ADDRESS: 2100 South Congress Avenue MARKET: Delray Beach ASSET TYPE: Multifamily ~ UNITS: 327 LENDER: CIBC Bank USA (@CIBC_US) LANDLORD: Arnaud Karsenti (@AKarsenti) - 13th Floor Homes (@13thFloorHomes); Diego Ardid & Inigo Ardid - Key International (@KeyInternational__) LOAN AMOUNT: $79,200,000 LOAN TYPE: Construction NOTE: 13th Floor Investments and Key International secured a $79.2M construction loan from CIBC Bank USA to build Skye, a 327-unit apartment project within the 50-acre Parks at Delray development. The financing comes as developers continue pushing ahead on new South Florida rentals, with Skye slated to deliver in 2027. #Miami #RealEstate #tradedmia #MIA #DelrayBeach Multifamily ArnaudKarsenti 13thFloorHomes DiegoArdid InigoArdid KeyInternational CIBCBankUSA