National developer PMG and LNDMRK Development have broken ground on Twenty Sixth & 2nd Wynwood Residences after securing $126 million in construction financing for the eight-story boutique condominium rising at 2600 NW 2nd Avenue in Miami’s Wynwood neighborhood.
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KAR Properties Locks Down $128 Million Condo Inventory Loan For 2000 Ocean In Hallandale Beach
KAR Properties, led by Shahab Karmely, have closed on a $128 million condo inventory loan for the recently completed 2000 Ocean in Hallandale Beach. Madison Capital Realty provided the loan which will be used to pay off a $103 million construction loan issued by Apollo Commercial Real Estate Finance in 2018.
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JDS Development Commences Closings At The Jean Nouvel-Designed Monad Terrace In South Beach
The New York-based JDS Development Group has begun closings at the Jean Nouvel-designed Monad Terrace in South Beach. Located at 1300 Monad Terrace, the project first launched sales in 2017 and topped off in February 2019.
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JDS Development Group Secures $137 Million In Construction Financing For The Jean Nouvel-Designed Monad Terrace
The New York-based JDS Development Group has secured $137 million in construction financing for the Jean Nouvel-designed Monad Terrace, their new luxury condo overlooking Biscayne Bay in South Beach. The New York-based Madison Realty Capital funded the $137 million construction loan.
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