Dependable Equities lands $50M financing for Fort Lauderdale condos
Dependable Equities and Rabsky Group co-owner Simon Dushinsky, landed $50 million in pre-construction financing for its planned Ombelle Fort Lauderdale towers. Dwight Mortgage Trust provided the loan for the two-tower complex slated for the site at 300 Northeast Third Avenue, according to a news release. Steven Hersko’s SHB Group arranged the transaction, the release shows. The developer anticipates securing $300 million more in construction financing as the project progresses. Dependable, the Brooklyn developer led by Isaac Schlesinger, launched sales for Ombelle in 2024. It will include 754 units across two 44-story towers. Designed by ODA Architecture, the complex will include […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Confessions of a content hoarder: What 107 dead pages taught me
UAD 3.6 is coming. Hybrid appraisals are built for it.
After $21M assessment uproar, Brickell association says contractor overbilled, left work undone
Disgraced CIA Agent Must Forfeit $100 Million Worth of Luxury Florida Properties in Stolen Gold Plot
Bank of America: Older Americans have taken on a bigger economic role
Odell Beckham Jr. Joins Vikings After Giants Release—Weeks After Admitting He ‘Never Wanted To Leave’ New York
HUD opens probe into Wells Fargo’s race-based mortgage programs
‘The Sopranos’ Star Steven Van Zandt Tacks Nearly $4 Million Onto Asking Price of Eclectic Greenwich Village Penthouse
Denmark accuses Palm Beach resident of shielding assets in waterfront home
Grim Discovery at North Dakota Governor’s Mansion as 7 Coffins With Human Remains Are Unearthed
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131