Category: Real Estate Finance

Ocean Land scores $17M loan for AquaBlu in Fort Lauderdale

AquBlu renderings Inset: Jean Francois Roy and Dennis Eisinger Ocean Land Investments, led by Jean Francois Roy and Dennis Eisinger, just scored $17 million in financing for its AquBlu boutique condo project in Fort Lauderdale, property records show. North Miami Beach-based New Wave Loans Residential provided the loan. Ocean Land broke

Related, Rockpoint pay off $160M construction loan for Brickell Heights

Brickell Heights and Jorge Perez The Related Group and Rockpoint Group satisfied their $160 million construction loan for Brickell Heights, property records show. Related broke ground on the two-tower, 690-unit condo development in late 2014, secured its $160.5 million mortgage in April of the following year, and delivered the buildings

Chicken Kitchen founder takes out $10M loan for North Bay Road manse

5004 North Bay Road Inset: Christian de Berdouare and Jennifer Valoppi Chicken Kitchen founder Christian de Berdouare and his wife, former TV journalist Jennifer Valoppi, just took out a $10 million mortgage on their luxury spec home on Miami Beach’s North Bay Road, property records show. The couple received financing

Luxury homebuyers eye bank-owned homes

Villa Katerina Bank-owned homes have become increasingly attractive to wealthy buyers. The rewards can be high, but so are the risks. Declining inventory of these real estate owned properties across the country in tight luxury markets makes them more appealing, according to the Wall Street Journal. The inventory of distressed

Trader Joe’s-anchored project in Miami Beach breaks ground with $35M loan

Rendering of 17 West Miami’s second Trader Joe’s is one step closer to becoming a reality. Construction is officially underway at West 17, a mixed-use building at 1698 Alton Road and 1681-1683 West Avenue, according to a notice of commencement filed on Tuesday. The developers, Rock Soffer of Turnberry Associates, Elion Partners and members of