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
Trump bans citizens of 12 countries from entering the U.S.
Goby Homes launches property transaction platform, founder honored by NAR
Top-producing California agent joins eXp Realty
Home-price growth at decade low, Florida markets lead declines
White House expects reverse mortgages to continue producing government receipts
Prudent AI debuts non-QM underwriting tool
TCB’s appeal against Ginnie Mae over reverse-backed collateral will proceed
Coldwell Banker Premier enters Florida market through merger
Genting sells piece of downtown Miami assemblage to Opportunity Zone fund partnership
Partner Real Estate launches instant offers platform
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131