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PALM BEACH, FL - Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, provided a $54.56 million construction loan to the developer of a condominium-hotel project in Miami’s Brickell Financial District. The 12-story, 172-unit Domus FLATS (Flexible Apartments for Temporary Stays) at Brickell Park will bring a new condo-hotel brand to the market and fill a void for flexible ownership product. Located at 1611 SW Second Ave., Domus FLATS is being developed. ....
Movers & Shakers: Stantec Promotes Miami Principals therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
PALM BEACH, FL - Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, is financing the construction of a new luxury condominium project in Miramar Beach, Florida – near Destin in the state’s panhandle region. The company provided a $38.5 million construction loan to the developer of the 97-unit Grove at Seascape Resort in the popular beach town. Osborn Investments plans to develop the Grove on a vacant 11-acre site within the 330-acre Seascape. ....
The Federal Reserve s tight monetary policy, which has pushed short-term rates above 5%, is beginning to take its toll on the equity and debt markets. ....
Inside South Florida's Summer Multifamily Sales therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.