Cipriani

Record-Breaking $600 Million Loan Secured For 80-Story Cipriani Residences Miami Ahead Of Groundbreaking

8:00 am on February 9, 2024 By Oscar Nunez

Mast Capital, a Miami-based real estate developer, is gearing up to begin construction on Cipriani Residences Miami following robust sales activity. The developer has secured a record-breaking construction loan of $600 million from Mexico’s Banco Inbursa and Ascendant Capital Partners, the largest amount ever obtained for a single-tower residential construction in Florida. The considerable loan, consisting of $350 million from Banco Inbursa and $250 million from Ascendant Capital Partners, highlights the strong market confidence in the project, driven by its sought-after design, amenity offering, and prime location in the Brickell neighborhood.

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YIMBY Looks At Some Of South Florida’s Most Anticipated Luxury Residential Developments

8:00 am on September 6, 2022 By Oscar Nunez

As South Florida’s construction boom continues to advance, developers are becoming more and more creative in their product offerings, incorporating notable brands with world-class design from the most renown architectural firms, exclusive amenities, lavish custom interiors from the most prestigious interior design firms, and most importantly – desirable locations with pristine views. In this article, YIMBY will look into four highly awaited, skyline-altering projects expected to break ground in the near future.

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