Naftali Scores $465M Loan for Miami Worldcenter Condo Tower

Naftali Scores $465M Loan for Miami Worldcenter Condo Tower

Naftali Group closed on nearly half a billion in financing for its JEM Private Residences at Miami Worldcenter.  The New York-based development firm secured $235 million in C-PACE financing from Darien, Connecticut-based Nuveen Green Capital, and $230 million in traditional construction loans from BHI, the U.S. arm of Israel-based Bank Hapoalim, according to a press … Read more

Ytech Scores $565M Construction loan For 1428 Brickell 

Ytech Scores $565M Construction loan For 1428 Brickell 

Yamal Yidios’ Ytech secured $565 million in financing for the firm’s 70-story luxury condo tower that’s under construction in Miami’s Brickell.  The construction loan marks one of the largest to close in South Florida this year. J.P. Morgan is the senior lender, and Sculptor Real Estate is the junior lender, according to a press release.  … Read more