Integra Heights is nearing the end of construction in Clermont, Florida. The Class A multi-family development will comprise 289 units spread across five four-story residential buildings and four two-story carriage buildings.
Concord Summit Capital, LLC (“Concord Summit”) has arranged a $12 million bridge loan for an infill property in Downtown Miami. Managing Director Justin Neelis and Associate Keegan Burger of Concord Summit’s Miami office sourced and advised the loan. The bridge loan is intended to refinance the existing mortgage and provide predevelopment funds for the sponsor, Bluetrich Holdings, Inc (BHI). BHI plans to utilize these funds to realize its vision for the property, a 0.55-acre parking lot acquired in 2021 for $18 million. The site at 130 Southeast 1st Street benefits from the highest density zoning allowed, presenting a significant development opportunity.
Our sources report an exciting venture taking shape in Daytona Beach, Florida. The community? Integra Tymber Creek, a high-end multifamily housing development.
Ability Housing announced plans for the Villages of New Augustine, an affordable housing community in St. Johns County. But what does the $25 million project entail?
A 1.9-acre site in Davie could soon be home to a multi-family housing development, pending city approval. Midtown Davie would comprise about 290,000 square feet of new construction, measuring four stories above grade and offering 136 apartments.
