Financing flows in South Florida as projects nab over $300M in loans

South Florida’s capital markets showed renewed momentum to start the year, with three major financings totaling roughly $308 million for a pair of multifamily projects in Miami-Dade County, and a six-year-old office tower in Fort Lauderdale.  The trio of deals signals lenders’ continued confidence in South Florida commercial real estate projects.  Between November and December, banks provided a combined $1.7 billion in refinancings and construction loans to five projects, including $465 million for Naftali Group’s planned condo-apartment tower, JEM Private Residences at Miami Worldcenter, and an $830 million refi for 830 Brickell, a recently completed office tower in Miami’s Brickell […]This article originally appeared on The Real Deal. Click here to read the full story.