Altman Management Company (AMC), a division of The Altman Companies, will now be managing Regatta at New River, a 21-story luxury, riverside residential tower located at 416 SW 1st Avenue in the heart of Downtown Fort Lauderdale, Florida.

“We are so pleased to add the Regatta at New River to the list of high-end communities that AMC manages in South Florida,” said Seth Wise, co-CEO of The Altman Companies. “This is a true testament to our third-party management skills and services, and AMC’s ability to not only meet but exceed the expectations of our clients.”

Regatta at New River redefines upscale living with spectacular amenities, modern floorplans, and a prime location by the water. With studio, one-, two- and three-bedroom apartments, Regatta at New River offers its residents spacious kitchens including Italian cabinetry, quartz countertops, tile backsplashes, high-efficiency stainless steel Samsung appliances (including Wi-Fi-enabled ovens), and other high-end finishes. Spa-like bathrooms with oversized double sinks and separate showers/baths are available in most masters, as well as large, open living areas with floor-to-ceiling windows, most apartment homes have Fort Lauderdale river views.

Regatta at New River luxury amenities include a gorgeous riverside resort-style pool and deck with hot tub, grilling area, an outdoor bar, cabanas, flatscreen TVs, firepits, and a life-size chess game. The nautical-themed grand lobby and common areas include an on-site business/meeting area, state-of-the-art fitness center, his/her locker rooms, and dry sauna—all with strategic partition placements and isolated stations to maximize health and wellbeing. Additionally, an exclusive residents’ lounge with seating areas, billiards, TVs, and a full kitchen is a favorite gathering spot.

“We recently began managing the New River Yacht Club and now look forward to providing the same superior level of management services to its sister property, Regatta at New River,” added Lee Ann Edwards, President of Altman Management Company. “We are excited to share the exceptional living experience that The Altman Companies is known for.”    

Located within walking distance to Downtown Fort Lauderdale’s exciting and popular business, shopping, and dining venues and just minutes from the beach, this well-appointed community is a resident’s dream.

In addition, the New River Yacht Club, the adjoining apartment community to the Regatta at New River, from the same developers, will soon be renamed Regatta at New River. Altman Management Company, which recently began the management of New River Yacht Club, will now manage both properties under the Regatta brand.

For more information about Regatta at New River please visit https://regattaatnewriver.com. 

Holliday Fenoglio Fowler, L.P. (HFF) announces financing totaling $53.175 million for the development of The Bradley, a mixed-use residential and retail property in Miami’s Wynwood neighborhood.

Working on behalf of the developers, a partnership between The Related Group and Block Capital Group, the HFF team secured a $33.175 million construction loan from Santander Bank and $20 million in preferred equity from Greenstreet Real Estate Partners, L.P.

The Bradley is situated in the southeast end of Wynwood and is walkable to the neighborhood’s main retail strip on NW 2nd Avenue.  The mid-rise development is designed by Kravitz Design and will comprise 175 residential units along with approximately 32,000 square feet of ground-floor retail space.  Residential units will range from 480 to 1,000 square feet in a mix of one-, two- and three-bedroom floor plans.  The project is located at 51 NW 26th Street proximate to Wynwood 25, which is also being co-developed by The Related Group.  HFF sourced construction funding for that project in May of last year.

The HFF debt placement team included senior director Scott Wadler and associate Jesse Wright.

“The Bradley, along with Related’s other Wynwood properties, are a preview of what’s coming to the neighborhood,” said Jon Paul Perez, vice president for The Related Group.  “For a long time, Wynwood was seen simply as a weekend destination, but now the influx of high-quality residential and mixed-use options is driving the community’s transition into a true 24/7 neighborhood.  We look forward to continuing work with our partners to help the neighborhood reach its full potential.”

“The Bradley’s central location between Wynwood and Midtown will further connect and densify the neighborhoods,” Wadler said.  “We are excited to see how Wynwood evolves as the first institutional-quality apartments are delivered in the area.”