Gale Miami Hotel & Residences has been granted a temporary certificate of occupancy (TCO), marking a major milestone for the project which was developed by hospitality entrepreneur Keith Menin and Marisa Galbut, through their development firm, Sixth Street Miami Partners LLC, backed by GFO Investments.
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The 48-Story Five Park Locks Town $345 Million Construction Loan In South Beach
The developers of Five Park, a 48-story residential tower coming to the entrance of South Beach at 500 Alton Road, has locked down a $345 million construction loan. The loan is the largest residential construction loan to be funded in South Florida since the pandemic took hold.
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