Private credit takes center stage in South Florida real estate
Developer Asi Cymbal was looking for a real estate loan at a bad time. After finishing a 341-unit apartment complex in Miami Gardens in the spring of 2024, he needed to pay off its $102.5 million construction debt and bolster the project’s cash reserves. But with the impending presidential election, elevated interest rates and […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Top North Carolina agent Tammy Register joins eXp Realty, brings 15-agent team
The bank of mom and dad can strain retirement
Stacy Robins seeks removal of curator overseeing late father’s estate
Real estate agents return to Windermere from Compass
‘Right place, right time’: How Libby Sosinski turned rocky start into $26M real estate career
MG Developer scores $39M loan to build Coral Gables townhome project
After the Bayview deal, what’s the refi strategy for Guild Mortgage?
Lender Toolkit launches IT services for ICE Encompass users
International homebuyers returned to the US in droves
Barton G. under contract to sell $35M waterfront Miami Beach mansion
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131