The Estate Companies, a subsidiary of Estate Investments Group (EIG), has locked down a $76 million construction loan for Soleste NoMi Beach apartments in North Miami Beach. The financing was provided by Bank OZK was arranged by Brian Gaswirth and Michael DiCosimo of JLL.
Read MoreThe Kobi Karp-Designed Class-A Office The Gateway At Wynwood Powering Towards Completion
The Gateway at Wynwood, the newest Class-A office building in Wynwood’s emerging neighborhood and new office submarket, is powering towards completion in the second half of 2021 after topping off in December 2020 at 13-stories.
Read MoreKobi Karp-Designed Time Century Jewelry Center Secures $23.6 Million Construction Loan
Time Century Jewelry Center in Downtown Miami, led by real estate developer Yair Levy, has locked down a $23.6 million construction loan from City National Bank of Florida. The loan will fund phase 1 of the development which is scheduled to open in mid-2022.
Read MoreThe 52-Story North Tower Of The Estates At Acqualina Tops Out In Sunny Isles Beach
The boutique North Tower of The Estates at Acqualina, the highly anticipated $1.8 billion residential development, has topped out in Miami’s Sunny Isles Beach at 52-stories, 672’. As with topping-out tradition, the final beam was inscribed with signatures and messages from the development, construction and sales teams.
Read MoreOKO Group and CAIN International Lock Down $128.3 Million Construction Loan For Una Residences
OKO Group and Cain International have secured $128.3 million in construction financing for Una Residences. The senior debt, which was provided by Bank OZK, will fund the ongoing development of the 47-story luxury condo tower, which broke ground in May 2020 and has over $75 million in sales over the past four months.
Read MoreTricera Capital Locks Down $50.8 Million In Construction Financing For Mixed-Use Redevelopment The Press In West Palm Beach
Tricera Capital, led by Scott Sherman and Ben Mandell, have closed on $50.8 million in refinancing and construction financing for their mixed-use office and retail redevelopment The Press, located at 2751 South Dixie Highway in West Palm Beach.
Read MoreALINA Residences Receives TCO In Boca Raton Following Record-Breaking $50 Million Q1 2021
ALINA Residences Boca Raton reached its final construction milestone after receiving its temporary certificate of occupancy (TCO). The nine-story, 121-resident property, located at 200 SE Mizner Blvd. in Boca Raton, will begin closings in April.
Read MoreTerra And New Valley Lock Down $64.8 Million Construction Loan For Natura Gardens Apartments
Terra and New Valley, the development partners behind Natura Gardens, a new multifamily community in Northwest Miami-Dade County, have secured $64.8 million in construction financing from Bank OZK. The loan will fund the ongoing construction of the 23-acre community.
Read MoreTurnberry Associates and LeFrak Organization Lock Down $32 Million Construction Loan For SoLé Mia
Turnberry Associates, led by Jackie Soffer, and the LeFrak Organization, led by Richard LeFrak, have locked down a $32 million construction loan for the 187-unit Villa Solé at the $4 billion SoLé Mia mixed use masterplan in North Miami.
Read MoreGazit Horizons Set To Clear Brickell Development Site For Brickell Gateway Mixed-Use Tower
Gazit Horizons, a subsidiary of Gazit Globe, has applied for a demolition permit to clear the way for Brickell Gateway, their proposed 650,000 SF mixed-use tower which will be built in-between Brickell City Center and Mary Brickell Village.
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