Dependable Equities lands $50M financing for Fort Lauderdale condos

Dependable Equities and Rabsky Group co-owner Simon Dushinsky, landed $50 million in pre-construction financing for its planned Ombelle Fort Lauderdale towers. Dwight Mortgage Trust provided the loan for the two-tower complex slated for the site at 300 Northeast Third Avenue, according to a news release. Steven Hersko’s SHB Group arranged the transaction, the release shows. The developer anticipates securing $300 million more in construction financing as the project progresses. Dependable, the Brooklyn developer led by Isaac Schlesinger, launched sales for Ombelle in 2024. It will include 754 units across two 44-story towers. Designed by ODA Architecture, the complex will include […]This article originally appeared on The Real Deal. Click here to read the full story.