New Wave in the press
A GLIMPSE INTO OUR LATEST PRESS MENTIONS
Developers propose 160-unit residential project in Edgewater
Developers want to build a 160-unit residential project on the site of a Midas auto repair shop in Miami’s Edgewater, marking continued investment appetite for the booming neighborhood.
Cymbal DLT Closes on $17.5 Million Loan for Midtown Miami Project
Today, Miami-based development and construction firm Cymbal DLT Companies closed on a $17.5 million loan from New Wave Loans to recapitalize its development of an eight-story.
B Group bids $102M for 20 acres in Miami’s Upper Eastside
B Group Capital Management submitted a $102 million stalking horse bid for nearly 20 acres in Miami’s Upper Eastside and El Portal that are tied to a lawsuit alleging EB-5 fraud.
Miami developers pay $3.5M for Lake Bryan property near Disney
Miami-based Azur Group will lead the development of a new 200-room hotel and entertainment complex near Disney.
Land owner seeks to allow more uses on prime property near Lake Bryan
Real estate investor and hotelier Amir Dhanji is trying to find the best use for 5.6 acres of vacant land he bought in 2015 near Disney theme parks.
Enrique Norten ‘High-Design’ Apartment Project Planned Across From Midtown Miami
A developer has announced plans for an apartment project across from Midtown Miami, designed by a “world-renowned architect.”
Venezuelan developers score construction loan for Adagio Fort Lauderdale Beach
Alco International Group just scored $25 million in financing to start construction of Adagio Fort Lauderdale Beach, a planned 31-unit luxury boutique condo, property records show.
Verzasca scores $6.4M loan for apartment project on Biscayne Boulevard
North Miami Beach-based New Wave Loans provided the loan, records show. Plans for Verzasca’s 36-story, 393-unit apartment tower were approved …
Waterfront condo project in Fort Lauderdale obtains $25M construction loan
The developer of the Adagio Fort Lauderdale condominium secured a $25 million construction loan, or about $806,452 in financing per unit.
New Wave Loans Provides $9 Million Construction Loan; Lockhart Tops Off 1,117 Unit Self Storage …
New Wave Loans recently provided South Florida developer, James Lockhart, of Lockhart Self Storage with a $9 million dollar construction loan.
$26M apartment project for working-class renters proposed in Broward
A company led by executives at New Wave Loans and Treo Construction has proposed an apartment complex in Hallandale Beach.
Developer buys out Broward condo for residential project
New Wave Loans Residential provided an $8.5 million mortgage to Roy’s company. Trammell Crow Residential filed plans to develop the 0.8-acre site …
San Francisco homebuilder buys 84 acres in Florida City
The buyer obtained an $18 million construction loan from New Wave Loans Residential. The property last traded for $33.73 million in 2019. The seller …
EDEN Living Adds Real Estate Professional Jacky Sasson as Director of Land Acquisition to …
… hard money lender New Wave Loans, where he underwrote more than $30 million in commercial and residential assets. “Jacky’s diverse real estate …
Self-storage project breaks ground near Palmetto Bay
New Wave Loans Residential awarded the mortgage to Palmetto Bay Storage Development LLC, managed by Mitchell Feldman of Miami-based…
Developer obtains $10M loan to build townhouses in Pompano Beach
North Miami Beach-based New Wave Loans Residential provided the mortgage to Siena at Palm Aire LLC, an affiliate of Davie-based Stellar.
Verzasca scores $26M construction loan for Aurora condo in Sunny Isles Beach
The firm secured the loan from New Wave Loans, a nonbank lender based in North Miami Beach, which it will use to build the 17-story, 61-unit condo.
Condo project in Sunny Isles Beach boosts construction loan to $32M
New Wave Loans Residential assumed the $6.3 million remaining on the mortgage of developer 17750 Collins Avenue LLC, an affiliate of the …
This Greenwich Village townhouse just sold at auction for $15M
The sale’s signatory, Joel Eidelstein, is a managing partner at New Wave Loans, a private lender for commercial and residential deals.
LDG scores $10M construction loan for Aventura Village
Land Developers Group just scored a $10.4 million construction loan from New Wave Loans to finish building its 108-unit Aventura Village townhome.