Developer Iadisernia Lands Mezz Loan to Finish Hallandale, Fla., Condo Tower
More than a year after landing a $112 million loan to complete a mixed-use project in Hallandale Beach, Fla., developer Giuseppe Iadisernia has secured yet more debt. Cottonwood Group supplied a $50 million mezzanine loan for a 250-unit condo tower within the 10-acre Oasis…
More than a year after landing a $112 million loan to complete a mixed-use project in Hallandale Beach, Fla., developer Giuseppe Iadisernia has secured yet more debt. Cottonwood Group supplied a $50 million mezzanine loan for a 250-unit condo tower within the 10-acre Oasis…
BELLINGS Intelligence Score: 12
Why it matters
This mezzanine loan to complete a condo tower is routine real estate financing activity with limited broader market impact or novelty.
Sources
Commercial Observer
Developer Iadisernia Lands Mezz Loan to Finish Hallandale, Fla., Condo Tower
More than a year after landing a $112 million loan to complete a mixed-use project in Hallandale Beach, Fla., developer Giuseppe Iadisernia has secured yet more debt. Cottonwood Group supplied a $50 million mezzanine loan for a 250-unit condo tower within the 10-acre Oasis…