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The Estate Cos. has obtained $72.5 million in construction financing for the development of Soleste Palm Station, a 321-unit luxury community in West Palm Beach, Fla. Synovus Bank provided the note. The two-building project is scheduled to break ground in the fourth quarter of this year. The developer acquired the 2.5-acre site in 2021 for $15.8 million, according to The Real Deal. Last year, the firm obtained final approvals from the West Palm Beach Downtown Action Committee.