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Carlton finances $50m condo development.


Carlton Advisory Services' Chairman Howard L. Michaels has announced that his firm has been retained by two highly respected development companies to finance the development and construction of a luxury condominium project, located immediately adjacent to the Ritz Carlton in Montego Bay Montego Bay (mŏntē`gō), city (1991 pop. 82,002), NW Jamaica. One of the most popular resorts in the Caribbean with highly developed tourism facilities, Montego Bay is also a port and commercial center. , Jamaica at the Rose Hall estate.

Carlton executives Brendan Sullivan Brendan V. Sullivan, Jr., JD (born March 11, 1942, Providence, Rhode Island) is a Washington, D.C. based criminal defense attorney and a senior partner of the law firm Williams & Connolly, LLP. , Charles Kerecz and Kenny Herzberg are in the process of arranging a $50 million revolving construction loan facility in connection with the ground-up development of The Palmyra Palmyra, ancient city, Syria
Palmyra (pălmī`rə), ancient city of central Syria. A small modern village known as Tudmur is on the site.
 Resort and Spa.

The Palmyra site will be developed as a 552-unit luxury beachfront beach·front  
n.
A strip of land facing or running along a beach.

adj.
Situated along or having direct access to a beach: beachfront hotels; beachfront property.

Noun 1.
 condominium/hotel with a world class spa and 30 villas.
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Title Annotation:Carlton Advisory Services, The Palmyra Resort and Spa
Publication:Real Estate Weekly
Article Type:Brief Article
Date:Jun 1, 2005
Words:103
Previous Article:CBRE wins new Union task of marketing 122,000 s/f.(NEW JERSEY)(CB Richard Ellis contracts with Dueer Tool and Die)(Brief Article)
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