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Royal Palm Companies Locks Down $76.5 Million Construction Loan For Elevate Apartments In Dania Beach

December 12, 2022

Dan Kodsi’s Royal Palm Companies has locked down a $76.5 million construction loan for Elevate Apartments in Dania Beach. The 36-month financing was provided by the Miami-based 3650 REIT and replaced a previous $64 construction loan. The multifamily project, which is located at 600 East Dania Beach Blvd., is roughly halfway complete.

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In Commercial, Development, Development News, Banking, Dania Beach, Finance & Banking, News, News & Features, Multifamily Tags News, Development News, Development, Dania Beach, Construction Loan, Commercial, Banking, Finance & Banking, Finance, Financing, Lending, Elevate Apartments, NMD Nomadas, 3650 REIT, Kevin O'Grady, Concord Summit Capital, December 2022, News & Features, Multifamily, Dan Kodsi, Royal Palm Companies, RPC
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Lynd Living Locks Down $22.75 Million In Financing For Miami Worldcenter Site Acquisition

August 31, 2022

Lynd Living has acquired Block 23 at Miami Worldcenter for $30 million, financed by a $22.75 million acquisition land loan. Block 23 is located between NW 9th and NW 10th Street on North Miami Avenue and is one of the last remaining land sites within Miami Worldcenter, the 2nd largest master planned community in the country, behind New York City’s Hudson Yards. The transaction closed on August 26th.

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In Acquisitions, Banking, Closed, Commercial, Development, Development News, Development Sites, Downtown, Invest, Investment News, Finance & Banking, News, News & Features, Traded Tags LYND, David Lynd, News & Features, News, Downtown, Downtown Miami, Miami Worldcenter, Miami Worldcenter Block 23, Financing, Concord Summit Capital, Kevin O'Grady, Justin Neelis, Banking, Acquisitions, Lending, Finance & Banking, Development News, Development, Development Sites, Commercial, August 2022, Closed, Traded
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Penthouse at St. Regis Residences, Miami Under Contract For $47 Million 6.jpg
August 3, 2026
The St. Regis Residences, Miami Passes 80% Sold As Penthouse Goes Under Contract For $47 Million
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A penthouse at The St. Regis Residences, Miami is under contract for $47 million, marking one of the largest and highest-priced condominium transactions in Brickell's history and highlighting continued demand for ultra-luxury residences in Miami's urban core. The buyer, a New York family relocating to South Florida, has placed the two-story Charles Penthouse under contract at the waterfront development in South Brickell.

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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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Wellness and Longevity-Inspired Crown Jewel Penthouse at Rivage Bal Harbour Revealed For $75 Million 14.jpg
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Wellness and Longevity-Inspired Crown Jewel Penthouse at Rivage Bal Harbour Revealed For $75 Million
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A new, and final, oceanfront estate-style penthouse is up for grabs for $75 million at Rivage Bal Harbour, a 25-story, 56-residence tower developed by Related Group, Rockpoint, and Two Roads Development. A standout feature is its dedicated "Longevity Suite"— an in-home wellness wing anchored by an “Ammortal Chamber” and hyperbaric chamber, alongside a sauna, steam room, circadian lighting throughout the residence, advanced air and water purification systems, sleep-optimized bedrooms and more.

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