Miami- and New York-based real estate developer Baron Property Group (“BPG”) have closed on $206 million in construction financing for Metro Parc North, a new ground-up residential multifamily development in Hialeah, FL.
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Savanna Locks Down $380 Million Construction Financing For 'Olara' In West Palm Beach
Savanna, a New York-based vertically integrated development firm, has locked down $380 million construction financing for Olara, a residential condo tower in downtown West Palm Beach's on North Flagler along the Intracoastal Waterway.
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Mast Capital and Starwood Capital Group Secure $390 Million Construction Loan For The Perigon Miami Beach
Following the commencement of construction this past spring, The Perigon Miami Beach, a joint venture condominium development on Miami Beach between Miami-based real estate development group Mast Capital and a controlled affiliate of Starwood Capital Group, a globally renowned private investment firm led by Barry Sternlicht, has closed $390 million in construction financing.
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Naftali Group Secures $40 Million C-PACE Financing Loan for JEM Private Residences in Downtown Miami's Miami Worldcenter
New York City and Miami-based real estate development and investment firm Naftali Group has secured a $40 million in C-PACE financing loan for the development of JEM Private Residences in Downtown Miami. The financing was provided by Nuveen Green Capital.
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Terra Locks Down $291 Million In Permanent Financing for Phase 1 Of 38-Acre Centro City In West Miami Dade
Coconut Grove-based development firm Terra, led by David Martin, has secured a total of $291 million in permanent financing for the newly completed first phase of Centro City, a 38-acre mixed-use development located in the center of Miami-Dade County, just west of Little Havana.
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One Thousand Group and Terra Secure $285 Million Construction Loan For Villa Miami
One Thousand Group and Terra have secured a $285 million construction loan to bring Villa Miami to life in Miami’s East Edgewater neighborhood. As the first-ever residential tower branded by the world-renowned Major Food Group (MFG), the 650-foot-tall waterfront condominium is set to become a new architectural landmark on Biscayne Bay.
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Related Group, Rockpoint and Two Roads Development Secure $424 Million Construction Loan For Rivage Residences Bay Harbour
Related Group (Related), Rockpoint, and Two Roads Development have closed on $424 million in financing for the construction of Rivage Residences Bal Harbour (Rivage). The loan was provided by TYKO Capital, a multi-billion-dollar commercial real estate investment management platform led by Adi Chugh.
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Witkoff Group and PPG Development Lock Down $273 Million Construction Loan For Shell Bay
Witkoff Group and PPG Development have closed on $273 million in construction financing for Shell Bay, a private 150-acre, Mediterranean inspired Miami enclave featuring forthcoming Auberge-branded residences and a hotel, as well as the region’s first private golf club in decades.
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Related Group and Integra Investments Close On $527 Million In Construction Financing For St. Regis Residences, Miami
Related Group (Related) with Integra Investments (Integra) have closed on $527 million in financing for the highly-anticipated residential tower, St. Regis Residences, Miami (The Residences), on the Biscayne Bay waterfront in Miami’s South Brickell neighborhood.
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PMG and Greybrook Secure $178 Million In Construction Refinancing for Society Wynwood
National development firm PMG, alongside Canadian-based private equity firm Greybrook, has secured $178 million in refinancing for the 10-story Society Wynwood mixed-use project located at 176 NW 25th St in Miami’s Wynwood Arts District.
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