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Berkadia Secures $57M Bridge Loan for Midtown Capital Partners’ Lake Worth Apartment Project

September 24, 2025

Berkadia has arranged a $57 million bridge loan to refinance the construction debt on Astor Sound at Lake Worth, a new 230-unit multifamily community in Palm Beach County that is nearing completion.

The financing team included Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson, and Matt Robbins, along with Vice President Patrick Johnson. The loan was secured on behalf of the sponsor, Midtown Capital Partners, a Miami-based real estate investment advisor, operator, and developer with a portfolio spanning the U.S. and Spain. Infinity Collective originated the two-year loan, which includes an option for a six-month extension.

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In Banking, Brokerage, Business, Capital Markets, Closed, Commercial, Development, Development News, Development Sales, Featured Listing, Finance & Banking, Lake Worth, Multifamily, New Construction, News, News & Features, Palm Beach, Palm Beach County, Residential, Rentals, West Palm Beach Tags Berkadia Miami, Berkadia, Astor Sound, Mitch Sinberg, Scott Wadler, Brad Williamson, Matt Robbins, Midtown Capital Partners, Infinity Collective, 2201 Tenth Avenue North
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Constellation Group, Boschetti Group and Vietmar Secure $42.3 Million Construction Financing For Ella Miami Beach

March 25, 2025

Miami-based real estate development firms Constellation Group, The Boschetti Group and Vietmar have closed on a $42.3 million construction loan for Ella Miami Beach, a 10-story boutique condominium in the heart of Miami’s North Beach neighborhood.

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In Banking, Commercial, Development, Development News, Development Sales, Finance & Banking, Miami Beach, News, News & Features, Residential Tags News & Features, News, Constellation Group, Ella Miami Beach, Development News, Development, Financing, Finance, Finance & Banking, Residential, Commercial, Amerant, Amerant Bank, 6940 Abbott Avenue, Miami Beach, The Boschetti Group, Berkadia, Scott Wadler, Eduardo Otaola, Featured
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Morabito Properties Expands and Refinances Mixed-Use Wyncatcher Development in Miami’s Wynwood Neighborhood

June 5, 2024

Morabito Properties, a Miami Beach-based real estate development company led by developer Valerio Morabito, has expanded the firm’s existing Wyncatcher development in Wynwood by acquiring an adjacent warehouse located at 2150 NW Miami Court.

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In Commercial, Development, Development News, News, News & Features, Wynwood, Banking, Finance & Banking Tags News & Features, News, Morabito Properties, Valerio Morabito, Wyncatcher, Development, Development News, Commercial, 2150 NW Miami Ct, Wyncatcher II, Berkadia, Scott Wadler, Wynwood, Banking, Finance & Banking, Knotel, Featured
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Edgardo Defortuna, Bernardo Forte Brescia and Carlos Rosso speak on the Legends of Miami panel moderated by Demetri Demascus

Inside PROFILEconnect 'A Night at The Museum' Real Estate Impact Conference at the Coral Gables Museum

April 18, 2024

On April 11, 2024, PROFILEmiami hosted PROFILEconnect: A Night at the Museum, the inaugural annual real estate impact conference bringing 3 panels and PROFILEmiami’s highly-regarded Bespoke Real Estate Networking to the iconic Coral Gables Art Museum. PROFILEmiami teamed up with ONEsir, Constellation Group, MG Developer, Banesco and Contempo Space to host a sophisticated afternoon.

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In Commercial, Coral Gables, Development, Development News, Events, News, News & Features, PROFILE Event, PROFILEconnect, Residential, Past PROFILE Event Tags News & Features, News, Events, PROFILEconnect, A Night at the Museum, Coral Gables Museum, Coral Gables, Featured, Commercial, Development, Residential, Development News, Edgardo Defortuna, Bernardo Fort-Brescia, Carlos Rosso, Scott Wadler, Demetri Demascus, Katya Demina, Scott Sherman, Eduardo Otaola, Diego Torrealba, Alirio Torrealba, Constellation Group, MG Developer
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From L-R: Edgardo Defortuna, Fortune International; Simon Mass, The Condo Store; Jay Phillip Parker, Douglas Elliman Florida; Gil Dezer, Dezer Development; Katya Demina, PROFILEmiami; Daniel de la Vega, ONEsir; Demetri Demascus, PROFILEmiami

Inside PROFILEconnect: State of the Market Miami 2023 Presented by The Lighting Studio

September 28, 2023

On September 21 PROFILEmiami hosted the sold-out ‘PROFILEconnect: State of the Market Miami 2023 Presented by The Lighting Studio’ at Eclectic Elements Miami showroom in Wynwood featuring some of the biggest names in the Miami real estate industry. Attendees came out in record numbers to hear from Fortune International’s Edgardo Defortuna, Gil Dezer, Douglas Elliman’s Jay Phillip Parker, Kobi Karp, ONEsir’s Daniel de la Vega, Ronny Finvarb, Royal Palm Companies’ Dan Kodsi, and others

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In Development, Development News, Events, News, News & Features, Residential, PROFILEconnect, PROFILE Event Series, PROFILE Event Tags News & Features, News, Events, September 2023, State of the Market 2023, PROFILEconnect, State of The Market Panel, Development, Development News, Commercial, Residential, Demetri Demascus, Katya Demina, Kobi Karp, Nancy Karp, Simon Mass, Gil Dezer, Jay Phillip Parker, Nelson Stabile, Edgardo Defortuna, Daniel De La Vega, Dan Kodsi, Lissette Calderon, Ronny Finvarb, Scott Wadler, Ron Bloomberg, Featured, Link In Bio
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Meet Our Commercial Panelists For "PROFILEconnect: State of the Market Miami 2023 Presented by the Lighting Studio"

September 6, 2023

On September 21 PROFILEmiami is set to host our largest event yet as the next installment of PROFILEmiami’s highly-regarded PROFILEconnect bespoke networking event series will bring together some of the top developers and brokers in Miami to discuss the state of South Florida’s real estate markets.

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In Development, Events, Development News, News, News & Features, PROFILE Event, PROFILE Event Series, Commercial Tags News & Features, News, Events, PROFILEconnect, State of the Market 2023, State of The Market Panel, Development, Development News, Featured, Link In Bio, Residential, Commercial, Ronny Finvarb, Kobi Karp, Kobi Karp Architecture & Interior Design, Robert Rivani, Alex Witkoff, Scott Wadler, Lissette Calderon, September 2023
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Scott Wadler (Berkadia), Ayush Kapahi (HKS), Diego Torellaba (MG Developer), Catie Naranjo (MG Developer), Melissa Tapanes (Berkow), Demetri Demascus (PROFILEmiami) and Alirio Torellaba (MG Developer)

Inside 'An Exploration Into Capital Markets Coral Gables' Presented By PROFILEmiami & MG Developer

July 26, 2023

On Tuesday July 25, 2023 PROFILEmiami teamed-up with MG Developer to present ‘An Exploration into Capital Markets Coral Gables’, bringing an immersive panel and cocktail event exploring capital markets and real estate development in South Florida to the beautiful ‘Village at Coral Gables’ showroom. The relaxed and open setting featured cocktails courtesy of MG Developer and food from Coral Gables staple restaurant, Zucca, while attendees networked with industry leaders one of Miami’s hotbed neighborhoods for business and development.

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In Commercial, Coral Gables, Development, Development News, Finance & Banking, Capital Markets, Residential, News, News & Features, Banking, Events, PROFILE Event Tags Alirio Torrealba, Daniel De La Vega, July 2023, MG Developer, Events, Coral Gables, News, News & Features, Development News, Development, Commercial, Capital Markets, Banking, Finance & Banking, Finance, Financing, Scott Wadler, Demetri Demascus, Berkadia Miami, Berkadia, Melissa Tapanes, Ayush Kapahi, HKS, Featured, Link In Bio
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Robert Lapidus, Erik Rutter, Marcelo Claure & David Levison

L&L Holding Company and Oak Row Equities Break Ground On 'The Wynwood Plaza' One Million Square Foot Mixed Use Campus

March 6, 2023

L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have broken ground on The Wynwood Plaza, a 1-million-square-foot mixed-use campus at 95 NW 29th Street in Miami’s Wynwood Arts District. This milestone, which took place with a groundbreaking celebration on March 2, followed by an afterparty at Oak Row Equities’ Oasis Wynwood, comes on the heels of securing $215 million in construction financing.

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In Commercial, Development, Development News, News, News & Features, Mixed Use, Office Space, Multifamily, Wynwood Tags Oak Row Equites, L&L Holdings, Development News, Development, Wynwood, Commercial, Shorenstein Properties, Marcelo Claure, Claure Group, The Wynwood Plaza, Wynwood Plaza, Bank OZK, 95 NW 29th St., Office, Mixed Use, Gensler Architects, March 2023, featured, Featured, Groundbreaking, Construction News, Construction Update, Robert Lapidus, David Levison, Erik Rutter, Demetri Demascus, Scott Wadler, Cullen Mahoney, David Polinsky
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Mega Mixed-Use Development Wynwood Plaza Locks Down $215 Million Construction Loan

January 25, 2023

L&L Holding Company, Oak Row Equities and Shorenstein have locked down $215 million in construction financing for Wynwood Plaza, a mega mixed-use development on a 2.85-acre site in Miami’s Wynwood Arts District. Managing Director Scott Wadler and Vice President Michael Basinski of Berkadia South Florida secured the financing on behalf of the developers.

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In Commercial, Development, Development News, Development Sites, Finance & Banking, Mixed Use, News, News & Features, Wynwood Tags L&L Holdings, Oak Row Equites, Carpe Real Estate Partners, Berkadia Miami, Berkadia, Scott Wadler, Shorenstein Properties, News & Features, News, Development, Development News, Development Sites, Commercial, Mixed Use, Wynwood, Wynwood Plaza, Michael Basinski, Bank OZK, Construction Financing, Financing, Finance, Finance & Banking, Lending, Banking, Gensler Architects, 95 NW 29th St., January 2023
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Brick & Timber Collective Acquires Wynwood Office Building Cube Wynwd For $62 Million

December 14, 2022

Brick & Timber Collective has acquired Cube Wynwd, an office building in Miami’s hot Wynwood neighborhood, from Tricera Capital and Alex Karakanhian’s LNDMRK Development for $62 million. The transaction closed on December 13 and Tricera and LNDMRK retained an undisclosed ownership stake in Cube Wynwd. Tricera and LNDMRK originally acquired the 100,000 SF office building for $28 million in an April 2021.

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In Acquisitions, Closed, Commercial, News, News & Features, Office Space, Private Equity, Traded, Wynwood Tags Cube Wynwd, Brick & Timber Collective, LNDMRK Development, Tricera Capital, Tony Arellano, DWNTWN Realty Advisors, Wynwood, News, News & Features, Commercial, Private Equity, Acquisitions, Closed, Traded, Alex Karakhanian, December 2022, Office, Office Space, Class A Office Space, Scott Sherman, Scott Wadler, Berkadia, Berkadia Miami
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