Ricardo Dunin, Juan Carlos Tassara land $220M financing for Domus Brickell Center
North Development, the partnership between Ricardo Dunin’s Oak Capital and Juan Carlos Tassara’s Edifica, scored $220 million in financing for their planned Domus Brickell Center project, The Real Deal has learned. The planned 35-story, 579-unit tower at 1034 Southwest Second Avenue will be their second Domus-branded short-term rental-friendly condo project in Miami’s Brickell neighborhood. The partners received $180 million in C-PACE financing from Coral Gables-based Bayview PACE, a C-PACE lender led by Anne Hill, according to a press release. They secured an additional $40 million mortgage from Peruvian firm Core Capital, led by CEO Luis Marcelo Indacochea, the release shows. […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Fly-by-wire: Why AI governance is instrumentation, not insurance
Support starter homes, not looser lending or financial fixes
$20 Million Tennessee Compound Comes with a Music Studio, Helipad—and Its Own Wedding Venue
Frank Lloyd Wright-Inspired Home Tucked Away on 5 Wooded Acres Is Listed for $1.23 Million Near Portland
South Florida Dirt: A timeline of how Mana turned $70M into over $1B
Waterfront ‘Taj Mahal’ on Mississippi’s ‘Secret Coast’ Returns to the Market With $2.5 Million Price Tag
Four Seasons Targets Lake Austin for Its First Residential Complex, Defying Market Softness
How Craftsman Architecture Created a Highly Sought-After Style of Home To Rebel Against Mass Production
What’s next for housing: 7%, 8% or 9% mortgage rates?
REVEALED: All the Celebrities Who Have Flocked to Nashville in Pursuit of a Slower Life—and Fewer Paparazzi
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor License ID: SL3518131
Real Estate Advisor License ID: SL3518131