Clearline Real Estate has secured $94.5 million in construction loans to advance the development of Excel Miami, a 24-story multifamily tower situated at 1550 NE Miami Place in the Arts & Entertainment District.
Read MoreMV Real Estate Holdings Locks Down Construction Loan And Breaks Ground On Miami Senior Affordable Housing Development
The first project in collaboration between Miami-Dade Public Housing and Community Development (PHCD), Miami-Dade Parks, Recreation and Open Spaces (PROS), and Miami-Dade Transportation and Public Works (DTPW) with the private sector created to provide attainable housing solutions to seniors has been given the green light to begin construction. MV Real Estate Holdings, LLC is set to break ground on the highly anticipated Ludlam Trail Towers on March 14.
Read MorePMG Locks Down $161.5 Million Construction Loan For 400 Biscayne
PMG and Greybrook Realty Partners have locked down a $161.5 million construction loan for the development of 400 Biscayne. The financing was provided by Centennial Bank and Square Mile Capital, the same group that provided the loan for PMG’s neighboring and completed project X Miami.
Read More