The Estate Companies Moves Forward With Soleste NoMi Beach Amid Securing $76 Million Construction Loan
The city of North Miami Beach is officially set to see the rise of new mixed-use development at 16395 Biscayne Boulevard known as Soleste NoMi Beach. Developer The Estate Companies, a subsidiary of Estate Investments Group (EIG), secured and closed on a $76 million construction loan provided by Bank OZK and arranged by Brian Gaswirth and Michael DiCosimo of JLL. The developer originally purchased the site back in December 1, 2020 for $13,100,000 from Biscayne Cove, LLC.