$125M Construction Loan Secured For New Mixed-Use Tower In Design District

$125M Construction Loan Secured For New Mixed-Use Tower In Design District

A $125m construction loan has been secured for a new tower called Cassi in the Design District. Cassi will rise 20 stories. It will include 107 rental apartment units, averaging 1,509 square feet – larger than average, with 161,444 total rentable square feet. There will also be 23,000 rentable square feet of retail space. Walker & Dunlop, Inc. arranged the financing, which was led by Amerant Bank and also included Bank Hapoalim. Elkus Manfredi i…

Ocean Bank Provides $54 Million Construction Loan for Whole Foods-Anchored Retail Project in Miami Beach

Miami Beach, Fla. — Ocean Bank has provided a $54 million construction loan for a retail development in Miami Beach. The borrower, 1901 Alton Property LLC, an affiliate of developer… The post Ocean Bank Provides $54 Million Construction Loan for Whole Foods-Anchored Retail Project in Miami Beach appeared first on Shopping Center Business.