Vivian Dimond lands $67M construction loan for revived North Bay Village condo project
Developer Vivian Dimond secured a $67 million construction loan for Tula Residences, the stalled North Bay Village condo project she took over earlier this year, The Real Deal has learned. S3 Capital is providing the financing for the planned 21-story, 54-unit tower at 7918 West Drive, according to a news release. Elsewhere in South Florida, S3 Capital, led by Robert Schwartz and Joshua Crane, is backing developer Giuseppe Iadisernia’s planned Oasis Hallandale condo development. S3 provided a $112 million construction loan in May for the project’s east tower. Dimond’s Bayshore Grove Capital took over the LLC that owns the project […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
North Palm Beach town center redevelopment tied up in lawsuits
Michael Stern sells interest in Miami Beach condos to majority owner Activate Hospitality
SJC sells Whole Foods complex for $83M amid investor appetite for grocery-anchored real estate
Prominent trial attorney finds buyer for waterfront Boca mansion once owned by Sheetz magnate
South Florida’s top deals: OKO, Cain sell Una Brickell penthouse for $18M
Advertising Real Estate-Related Products and Services
FCC Update on Drones with LiDAR Obstacle Avoidance
Appeals Court Quashes Homie Appeal, Delivers NAR VictoryAppeals Court Quashes Homie Appeal, Delivers NAR Victory
RE Q&A: Should I Add My Daughter’s Name to My House Deed to Avoid Probate Costs?
Solar Panels – Questions to Ask Before Contract
