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

The national cost-per-square-foot is wrong in both directions

Building a better path to homeownership

Jupiter mansion sells for $35M as buyer levels up in Admirals Cove

Lennar’s land bank spinoff Millrose bought 1,200 single-family rentals

These cities are labeled the best for retirees. How are their housing markets performing?

Bethenny Frankel Hits Back at Andy Cohen for Dismissing a Future Return to ‘RHONY’—Despite Relocating to Florida

Early third-quarter earnings show a 'resilient' U.S. consumer, with signs of strain

Texas Home Featured in Elizabeth Holmes Documentary Hits the Market for $2.25 Million

Equity Union launches agent healthcare program with Trident BPO

Luxury Real Estate Brokers Alexander Brothers Sentenced to 30 Years in Prison for Sex Trafficking
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131
