Miami-based real estate developer Rilea Group has closed on a $150 million construction financing package for Mohawk at Wynwood, a 300-unit multifamily community now under construction in the heart of Miami’s Wynwood Arts District.
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PMG Locks Down $115 Million Construction Loan For Sage Intracoastal Residences Fort Lauderdale
National developer PMG is pleased to announce they have secured $115 million in construction financing for Sage Intracoastal Residences Fort Lauderdale, a 28-story boutique condominium nestled along 200 linear feet of Fort Lauderdale’s Intracoastal waterway. Financing was provided by GoldenTree Asset Management.
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Oak Row Equities and OKO Group Close Largest Land Acquisition in Florida With $520 Million Waterfront Land Deal in Brickell
Oak Row Equities, a leading vertically-integrated real estate private equity and development company with over $4 billion of development in South Florida, OKO Group, the Miami-based development company founded by international investor and luxury real estate developer, Vlad Doronin, and Mariposa Real Estate have successfully completed the single largest land acquisition in Florida.
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Rendering by DBOX
Developers of The St. Regis Residences, Sunny Isles Beach, Miami Secure $418.3 Million Construction Loan Package
Fortune International Group and Château Group, developers of The St. Regis Residences, Sunny Isles Beach, Miami, announced today that they have secured a $418.3 million construction loan package. Bank OZK was the lender. The total package ranks among the largest ever for Sunny Isles Beach real estate.
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Allen Morris Co. Locks Down $138.5 Million Construction Loan For Ziggurat Coconut Grove
Allen Morris Co., one of the leading real estate firms in the Southeast U.S., has secured a $138.5 million construction loan from BDT & MSD Partners (“BDT & MSD”), through its affiliated funds, and BHI, the U.S. Bank of Bank Hapoalim, B.M. for Ziggurat, a mixed-use development that will enhance the heart of Coconut Grove, while ensuring homage to the area’s deep history and heritage.
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Naftali Group Secures $465 Million In Construction Financing for JEM Private Residences in Miami Worldcenter
Real estate development and investment firm Naftali Group has secured a combined $465 million in construction loan financing for the development of JEM Private Residences in Downtown Miami. Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions and an affiliate of Nuveen, provided $235 million in C-PACE financing, while Bank Hapoalim (BHI) supplied an additional $230 million in traditional construction loans.
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Newgard Group and Two Roads Secure $513 Million in Construction Financing for One Brickell Riverfront in Miami
Newgard Group and Two Roads Development closed on $513 million in construction financing for their One Brickell Riverfront project in Miami’s financial district, making it one of the largest residential construction loans in the South Florida market this year.
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The Berkeley Palm Beach Locks Down $62.5 Million Pre-Construction Loan
The Berkeley Palm Beach has closed on a $62.5 million pre-construction loan with New York-based JVP Management, marking a significant milestone for the 25-story, 193-residence development rising on Clear Lake in downtown West Palm Beach.
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Continuum Company Locks Down $67 Million Construction Loan For La Baia North, Bay Harbor Islands
Continuum Company has secured a $67 million construction loan from S3 Capital to advance La Baia North, its second boutique bayfront condominium in Bay Harbor Islands. The eight-story project at 9481 E Bay Harbor Drive will feature 57 residences, is already 75% pre-sold, and is scheduled for delivery beginning of 2027.
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SB Development Group and Hazelton Capital Group Secure $170 Million in Financing for Cove Miami
New York-based SB Development Group and Hazelton Capital Group have secured $170 million in construction and land financing for the development of Cove Miami, a 40-story luxury condominium in Miami’s tranquil Edgewater district.
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