UPDATED, Dec. 21, 6:30 p.m.: Shahab Karmely’s KAR Properties just secured a $103 million construction loan for 2000 Ocean, a luxury condo tower in Hallandale Beach. Apollo Commercial Real Estate Finance, a New York-based real estate investment trust, is providing the financing for the 38-story, 64-unit beachfront project at 2000 South Ocean Drive. It’s the only loan that the developer will use, Karmely said. KAR Properties launched sales in October 2017 and hired Fortune International ... [more]