Bank Provides Financing for Old Town Square Development

Ginger Martin, Amy Mahaney, Baber Malik and Perry Alexander kicked off the New Year by meeting with American National Bank client, Adam Adache, to tour his Old Town Square project. Old Town Square is a 10-story, 281-unit luxury multifamily development that will provide world class amenities and state-of-the-art connectivity for the modern city dweller. Once completed, it will also feature 5,800 square feet of vibrant retail and restaurant space and become a key driver for Old Town, the new arts and entertainment corridor of Pompano Beach’s Downtown Innovation District. Old Town Square is a development sponsored by Cavache Properties, designed by Adache Group Architects, and being constructed by Kaufman Lynn Construction. American National Bank provided the initial financing for the project, which included acquisition of the 7 assembled parcels of land and predevelopment costs during the entitlement process. The Bank is proud of Adam’s success and looking forward to working with him on the next phase of the Old Town transformation!

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