S3 Capital lends $35M for final phase of Princeton multifamily project 

A developer scored a $35 million construction loan for the final phase of its Princeton multifamily project, marking an unceasing rush on south Miami-Dade County.  This month, Brickell-based Aconcagua Group will start building the eight-story, 162-unit building, marking the third portion of its Casa Princeton development, according to a news release from Berkadia, which arranged the financing.  S3 Capital, based in New York, provided the non-recourse, floating-rate debt with a two-year term for the project planned for the site at 12867 Southwest 248th Street, in unincorporated Miami-Dade.  Charles Foschini and Christopher Apone were part of the Berkadia team that represented […]

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