New Construction and Development
MIAMI (June 15, 2020) – Berkadia announces it has secured $97 million in construction-to-permanent financing two new residential towers and structured parking in Sunny Isles Beach, Florida. The financing will be used to develop two 17-story, 128-unit residential towers – Las Marinas Apartments – next to an existing 336-unit, 16-story rental tower, Marina del Mar. The proceeds of the loan also cover construction of an 8-story, 860-space structured parking garage and new seawall.
The Altman Companies, a nationally recognized developer, builder, and manager of exceptional rental apartment communities in partnership with The Mattoni Group and Alex Mantecon from MV Real Estate Holdings, announced today that it has closed on its construction loan for their newest development, Altís Ludlam Trail. Comerica Bank was the lead provider of the loan with Iberia Bank as a participating partner.
As 30 Thirty North Ocean, a 24-unit luxury boutique condominium is closing in on completion and move-in ready status, they are showcasing a model designed by Steven G. plus their sprawling lushly landscapes and Ocean views. 30 Thirty North Ocean showcases how home is now the center of attention – for lifestyle, family, work and even fitness.
The Altman Companies, a nationally recognized developer, builder, and manager of exceptional rental apartment communities in partnership with The Mattoni Group and Alex Mantecon from MV Real Estate Holdings, announced today that it has closed on its construction loan for their newest development, Altís Ludlam Trail. Comerica Bank was the lead provider of the loan with Iberia Bank as a participating partner.
PHOENIX, June 9, 2020 – JLL Capital Markets announced today that it has arranged construction financing and joint venture equity for the development of Cabana on 99th, a 286-unit, garden-style multi-housing project in Phoenix’s Glendale submarket.
MORRISTOWN, N.J., June 8, 2020 – JLL Capital Markets announced today that it has arranged $48.75 million in financing for the development of Print House by Vermella, a 271-unit, best-in-class apartment building in Hackensack, Bergen County, New Jersey.
HTG presented three potential scenarios, each containing over 1,000 new affordable/mixed-income apartments, for the redevelopment of a 10.4-acre site in Miami’s historic Overtown neighborhood
