Construction loan for Zaha Hadid-designed condo in Miami boosted to $256M

The construction loan for One Thousand Museum, a condo designed by late celebrity architect Zaha Hadid, was boosted to $256 million as the building nears completion.

Fortress Credit, acting as administrative agent for a group of lenders, inked the revised mortgage to 1000 Biscayne Tower LLC, led by Regalia Developers, Louis Birdman, Gregg Covin, Gilberto Bomeny and Kevin Venger. The loan was granted for $225 million in 2016.

The 62-story tower at 1000 Biscayne Blvd. broke ground in 2014 with a…

Source link
Authentic Pre-owned Birkin bag for sale