Trez Capital, a private real estate lender helping to build better communities across North America, funded a $19,050,000 construction loan for The Residences at Town Center, a 5-story boutique luxury condominium project that will rise on the Intracoastal Waterway at 400 150th Avenue in Madeira Beach. The project is the second phase of a broader plan envisioned by the developer. In 2021, Trez Capital closed a $15.61 million construction loan for the first phase, a 38-unit residential project, The Harbor at Town Center, which is 100% sold out and scheduled for delivery to buyers later this summer.
The Enclave at Lakeridge is currently undergoing construction in Fort Lauderdale, Florida. The building offers four luxury homes in a three-story building. Plans call for more than 7,000 square feet of new construction, and the venture rests on a .34-acre lot.
Premier developers Related Group (Related) and Integra Investments (Integra), along with leading brokerage ONE Sotheby’s International Realty, have officially begun sales on ‘The William’ tower at the highly anticipated two-towered St. Regis Residences Miami in Brickell. The 183-unit high-rise will immerse buyers in unmatched service and design, with amenities hand-curated by the world-renown St. Regis team, and architecture and interiors spearheaded by Robert A.M. Stern Architects (RAMSA) and Rockwell Group, respectively.
Soleste City Line is undergoing construction in Dania Beach, Florida. The eight-story luxury residential complex will offer 340 homes, ranging from one-bedroom to multi-bedroom layout plans. Homes come with quartz countertops, stainless steel appliances, and custom cabinets.
Vertical construction is well-underway for Onda Residences, a 41-unit boutique condominium development along the waters of Biscayne Bay at 1135 103rd Street in Bay Harbor Islands. Designed by Arquitectonica with interiors by creative design masterminds Carlo and Paolo Colombo of A++ Human Sustainable Architecture and Developed by a joint venture between Morabito Properties and CMC Group, the project will deliver fully finished residences ranging from two-to-four bedroom layouts spanning between 1,809 and 3,535 square feet in size, and four penthouse residences measure up to 5,073 square feet – two of which include private rooftop pool decks. The 8-story development is on track to top-off construction in December, with delivery slated for the Fall of 2023. Coastal Construction serves as the development’s general contractor.