$210.5 Million Construction Financing Secured For 2900 Terrace In Edgewater, Miami

Oak Row Equities has closed on $210.5 million in construction financing for 2900 Terrace, a luxury multifamily tower in Miami’s Edgewater neighborhood. The financing package comprises a $142.5 million senior loan from Bank OZK and a $68 million mezzanine loan from Canyon Partners Real Estate LLC. JLL Capital Markets arranged the debt, with construction now underway and completion expected in the fourth quarter of 2027.

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Developers Pledge $1 Million To Improve Streetscape And Park Near Surf Row Residences In Surfside

The development team behind Surf Row Residences, LD&D in partnership with ONE Capital and IGEQ, has pledged $1 million toward enhancing the surrounding streetscape and public amenities near the project site in Surfside. The funds will support the revitalization of a stretch of 88th Street, as well as upgrades to Veterans Park and its adjacent tennis courts.

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