David Martin scores $410M loan for Well-branded Coconut Grove condos

David Martin scored a $410 million construction loan for his second Well-branded condo project, a 194-unit development slated to open in 2028. Martin’s Terra teamed up with Miami Beach-based AB Asset Management, led by Getzy Fellig and Sam Zalmanov, for the eight-story Well Coconut Grove planned at 2835 Tigertail Avenue, according to a news release. Tyko Capital, a New York-based real estate firm backed by Elliott Investment Management, provided the financing.  Tyko has funded construction loans for some of Martin’s other projects in South Florida, including his planned Mr. C Hotel & Residences West Palm Beach. The Well Coconut Grove […]This article originally appeared on The Real Deal. Click here to read the full story.