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The 48-Story Five Park Locks Town $345 Million Construction Loan In South Beach

The 48-Story Five Park Locks Town $345 Million Construction Loan In South Beach

March 25, 2021

The developers of Five Park, a 48-story residential tower coming to the entrance of South Beach at 500 Alton Road, has locked down a $345 million construction loan. The loan is the largest residential construction loan to be funded in South Florida since the pandemic took hold.

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In Commercial, Development, Development News, Miami Beach, Multifamily, News, News & Features, Residential, South Beach, Finance & Banking Tags Five Park, South Beach, Development, News, News & Features, Miami Beach, Terra Group, Terra, David Martin, Galbut Family Office, New Valley, Development News, Residential, Commercial, Multifamily, Canopy Park, Arquitectonica, Gabellini Sheppard Associates, March 2021, Lending, Construction Loan, Banking, Finance & Banking, Apollo, Blackstone Group, Blackstone Real Estate Debt Strategies, Blackstone
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East End Capital & Related Group Secure $136 Million In Refinancing For Wynwood 25 & Wynwood Annex

East End Capital & Related Group Secure $136 Million In Refinancing For Wynwood 25 & Wynwood Annex

March 22, 2020

Partners East End Capital and The Related Group closed on $136 million in financing for its a master-planned, mixed-use developments Wynwood 25 and Wynwood Annex. The financing was provided by Blackstone Real Estate Debt Strategies and is being used to fully satisfy the construction loans for both projects and return equity to the partners. Completed in June 2019, the nine-story building is already nearly 90% leased.

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In Commercial, Finance & Banking, Mixed Use, Multifamily, New Construction, News, Rentals, Residential, Wynwood Tags East End Capital, The Related Group, Related, Related Group, Wynwood, Wynwood 25, Wynwood Annex, Blackstone Real Estate Debt Strategies, Jonathan Yormak, Kobi Karp, Meshberg Group, Salt & Straw, Uchi, Live Nation, Richard Skulnik, RIPCO, Gordon Messinger, Ericka Witkowski, Cushman and Wakefield, Financing, Finance, Finance & Banking, Construction Loan, Rentals, Apartments, Apartment Rentals, Commercial, News, New Construciton, Residential, Mixed Use
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Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical 6.JPG
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Developers of The St. Regis Residences, Sunny Isles Beach, Miami, Complete Landmark Foundation Pour As South Tower Prepares To Go Vertical
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Situated between Brickell's vibrant financial district and the tree-lined streets of Coconut Grove, the South Brickell neighborhood has become one of the city's most desirable addresses for buyers seeking a more intimate luxury living experience while remaining connected to the energy of Miami's urban core.

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