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Tag: Refinancings

PPG, BH3 score 5M refi for Hallandale Beach apartment tower, as lending still flows in South Florida 
Business

PPG, BH3 score $225M refi for Hallandale Beach apartment tower, as lending still flows in South Florida 

March 14, 2025March 14, 2025

PPG Development and BH3 Management scored a $225 million refinancing for the Slate Hallandale Beach apartment tower.  The deal marks continued lending in South Florida,

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Codina lands 4M refi for Downtown Doral apartments, uses part of capital to buy out partner Invesco
Business

Codina lands $124M refi for Downtown Doral apartments, uses part of capital to buy out partner Invesco

January 21, 2025January 21, 2025

Codina Partners scored a $124 million refinancing for a pair of Downtown Doral apartment towers, using part of the capital to buy out Invesco’s stake

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Lisette Calderon racks up another refi, scores M mortgage for Allapattah project
Business

Lisette Calderon racks up another refi, scores $85M mortgage for Allapattah project

January 20, 2025January 20, 2025

For the second time in less than a month, a Lissette Calderon Allapattah project scored a refinancing. An affiliate of New York-based Apollo Asset Management

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Steve Ross lands 0 refi for downtown West Palm convention center hotel, as billionaire continues area investment  
Business

Steve Ross lands $150 refi for downtown West Palm convention center hotel, as billionaire continues area investment  

January 8, 2025January 8, 2025

Steve Ross, the billionaire developer shunning retirement to continue working in South Florida, is on a refinancing roll.  His company, Related Ross, scored a $150

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David Martin’s Terra nabs 1M refi for mixed-use project near Miami’s Little Havana
Business

David Martin’s Terra nabs $291M refi for mixed-use project near Miami’s Little Havana

January 3, 2025January 3, 2025

David Martin’s Terra scored a $291 million refinancing for the recently completed first phase of a 38-acre mixed-use project near Miami’s Little Havana. The Coconut

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Barry Sternlicht’s Starwood provides M refi for Lissette Calderon’s Allapattah project
Business

Barry Sternlicht’s Starwood provides $64M refi for Lissette Calderon’s Allapattah project

December 23, 2024December 23, 2024

Lissette Calderon’s nearly completed multifamily project in Miami’s Allapattah scored a $63.5 million refinancing from billionaire Barry Sternlicht’s Starwood Property Trust. Miami Beach-based Starwood provided

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Jeffrey Soffer scores 0M refi for JW Marriott Miami Turnberry Resort & Spa
Business

Jeffrey Soffer scores $550M refi for JW Marriott Miami Turnberry Resort & Spa

December 9, 2024December 9, 2024

Billionaire Jeffrey Soffer is on a refinancing roll, landing a new $550 million loan for his Aventura resort from the same lenders that provided a

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Estate scores 0M refi for North Miami Beach apartment tower, as financing continues to flow 
Business

Estate scores $110M refi for North Miami Beach apartment tower, as financing continues to flow 

November 13, 2024November 13, 2024

Estate Companies landed a $110 million refinancing for its completed North Miami Beach apartment tower.  Los Angeles-based Ares Management provided the refinancing for the 23-story

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Omega scores 3M refi, bridge loan for North Miami apartment project, as South Florida financing flows  
Business

Omega scores $103M refi, bridge loan for North Miami apartment project, as South Florida financing flows  

September 25, 2024September 25, 2024

A developer scored a $103 million loan for a nearly finished apartment project in North Miami, marking a continuing surge in South Florida lending.  Omega

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Funding keeps flowing: Two recently completed Miami mixed-use projects score loans totaling 7M
Business

Funding keeps flowing: Two recently completed Miami mixed-use projects score loans totaling $237M

August 21, 2024August 21, 2024

A pair of mixed-use projects built in the last two years in Miami’s Wynwood scored loans totaling $237 million.  In the larger deal, Ares Management

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