Chetrit scores $94M construction loan for oceanfront condo project in Pompano
The Chetrit Group secured a $94 million construction loan for a planned waterfront luxury condo development in Pompano Beach....
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Colombian developers score $55M construction loan for Edgewater apartment project
A duo of Bogotá-based developers scored a $55 million construction loan for a multifamily project in Miami’s Edgewater neighborhood....
National Issue
Madison Realty Capital comes of age
Josh Zegen walks into a glass-walled conference room on the 35th floor of 520 Madison Avenue, blue Polar seltzer in hand. He takes a seat, back to the skyline, his salt-and-pepper beard framing a...
National
Madison Realty Capital raises $2B for latest debt fund
Madison Realty Capital closed its fifth debt fund, raising over $2 billion as the firm continues to attract a...
National Issue
Hard money, hard decisions: Nonbank lenders face pressure to deal with problem loans
Downtown Capital Partners, an alternative lender based in White Plains, New York, fired off a note to All Year...
Invesca scores $102M construction loan for two SoFla apartment projects
Invesca scored a $102 million loan from Madison Realty Capital for two South Florida multifamily projects during the coronavirus...
Embattled Costa Hollywood Resort files for bankruptcy
The troubled Costa Hollywood Resort in Hollywood Beach filed for Chapter 11 bankruptcy protection five months after its lender...
Penn-Florida scores $225M construction loan for Mandarin Oriental condos in Boca
Penn-Florida Companies secured a $225 million construction loan for The Residences at Mandarin Oriental in Boca Raton from Madison...
Menin Development borrows $72M to build boutique hotel in downtown Delray
South Florida real estate developer Menin Development landed a $72 million loan to finance construction of The Ray, a...
Lender files foreclosure suit to seize unsold units at new condo-hotel in Hollywood
A lender that financed construction of a Hollywood condo-hotel in Hollywood filed a foreclosure lawsuit against the developer claiming...
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