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Angelo & Banta Law Firm closes $24 million loan for Wilton Manors Developers, LLC

FT. LAUDERDALE – The firm’s managing shareholder, Thomas P. Angelo and associate, Philip M. Hanaka of Angelo & Banta, P.A. recently represented Bank of America, N.A. in closing a $24 million loan to Wilton Manors Developers, LLC to finance the acquisition of Wilton Towers in Wilton Manors, Fort Lauderdale.

Wilton Manors Developers, LLC intends to convert Wilton Towers into residential condominiums. The principals of Wilton Manors Developers, LLC are Keith D. Diamond and Steven Simon. The developer was represented by Richard Douglas, Esq.