Developers score $368M in loans for South Florida projects
South Florida developers landed $368 million in financing this week as lenders backed a mix of commercial projects across the tri-county region. Argentine developer HA Emprendimientos secured one of the biggest loans recently with a $111 million construction loan for the development of a luxury multifamily tower in Miami’s Edgewater. The loan, originated by S3 Capital and arranged by JLL Capital Markets’ Max La Cava on behalf of the developer, will finance Sense22, a 36-story project at 114 to 138 Northeast 22nd Street. The 262,000-square-foot development will include 328 residential units and 372 parking spaces, according to an S3 Capital […]This article originally appeared on The Real Deal. Click here to read the full story.
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Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131