Estate Cos Lands Two Construction Loans for South Florida Rentals
The loans total $171 million.
Source: commercialobserver.com
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Estate Nabs $76M Loan to Build North Miami Beach Apartments
Share via Shortlink The Estate Companies Principal Jeff Ardizon and Managing Principal Robert Suris with a rendering of the project. (Estate) The Estate Companies will start building a North Miami Beach apartment project, after scoring a $76 million construction loan. The South Miami-based group is developing the 367-unit Soleste NoMi Beach on 1.8 waterfront acres at 16395 Biscayne Boulevard, according to a news release. Little Rock, Arkansas-based Bank OZK is the lender. The 23-story building will include about 2,700 square feet of commercial space, according to the release. It will offer on...
Source: therealdeal.com
Estate Nabbed Loan to Turn Hialeah Hotel to Multifamily
Share via Shortlink The Estate Companies Managing Principal Robert Suris and Principal Jeffrey Ardizon with the existing Ramada Inn property and renderings of Alture Westland multifamily building (The Estate Companies) A plan to convert a long-closed Hialeah hotel into multifamily is moving forward, as the developer scored $29.5 million in construction financing. The Estate Companies has started construction to turn the Ramada Inn at 1950 West 49 Street into Alture Westland, according to a press release. The project is expected to be finished in the fourth quarter. Conway, Arkansas-ba...
Source: therealdeal.com