Developers score $368M in loans for South Florida projects
South Florida developers landed $368 million in financing this week as lenders backed a mix of commercial projects across the tri-county region. Argentine developer HA Emprendimientos secured one of the biggest loans recently with a $111 million construction loan for the development of a luxury multifamily tower in Miami’s Edgewater. The loan, originated by S3 Capital and arranged by JLL Capital Markets’ Max La Cava on behalf of the developer, will finance Sense22, a 36-story project at 114 to 138 Northeast 22nd Street. The 262,000-square-foot development will include 328 residential units and 372 parking spaces, according to an S3 Capital […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
BREAKING NEWS: Florida Realtors supports property tax reform
South Florida Dirt: Mandarin Oriental Boca Raton developer fires back
NRI scores $177M refi for Thesis Miami mixed-use project in Coral Gables
Torrealba’s troubles: MG Developer overdue on millions in debt, preferred equity, lawsuits say
Aircraft engine company leases Miami-Dade HQ amid mega industrial demand
Luxury home developer owes partner in battle over stalled Pinecrest spec home
We watched Grant Cardone’s 12-hour deposition so you don’t have to
South Florida’s top deals: Site of Al Capone home sells for $21M
Estate Cos buys $13M dev site for West Palm Beach apartments
Appeals court rules with NAR, Sitzer-Burnett settlement remains intact
