No pioneer, but early follower: Miami newcomer Genghis Hadi talks Raleigh prices, branded condos, capital markets
Miami real estate newcomer Genghis Hadi isn’t wasting any time. Nahla Capital, which Hadi leads as co-founder and managing principal, plans to launch sales of its condo project at the oceanfront Raleigh in South Beach early next year and go out for a construction loan by the end of the first quarter. The project has a completion timeline of late 2031, though Hadi says he expects it will be finished by 2030. New York-based Nahla made its South Florida debut last year, paying $270 million for the 3-acre oceanfront assemblage at 1775, 1757 and 1751 Collins Avenue that’s home to […]This article originally appeared on The Real Deal. Click here to read the full story.
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