#CIBCBankUSA

[tradedmiami]

LOAN IMAGE: Scott Wadler, Alec Fox & Arnaud Karsenti DATE: 08/12/2024 ADDRESS: 106, 2002 Pembroke Road, 700 & 1000 Northeast 1st Avenue MARKET: Hallandale Beach ASSET TYPE: Development Site ~ ACRES: 15.5 LENDER: CIBC Bank USA (@CIBC_US) LANDLORD: Arnaud Karsenti - 13th Floor Investments BROKERS: Alec Fox (@Alecfox1) & Scott Wadler (@SWadler1) - Berkadia (@Berkadia) LOAN AMOUNT: $83,000,000 LOAN TYPE: Construction NOTE: 13th Floor Investments broke ground on a 398-unit apartment complex in Hallandale Beach after securing an $83 million construction loan from CIBC Bank USA, with Berkadia’s Scott Wadler and Alec Fox also helping secure preferred equity from Marble Capital. The Parks at Hallandale, set to complete in 2026, will feature market-rate and workforce housing, along with amenities like a pool, fitness center, and retail space. #Miami #RealEstate #tradedmia #MIA #HallandaleBeach #DevelopmentSite #ArnaudKarsenti #13thFloorInvestments #CIBCBankUSA #AlecFox #ScottWadler #Berkadia

[tradedmiami]

LOAN IMAGE: Jorge Pérez DATE: 06/06/2024 ADDRESS: 3101 Bayshore Boulevard MARKET: Tampa ASSET TYPE: Development Site LENDER: CIBC Bank USA (@CIBC_US) LANDLORD: Jorge Pérez - Related Group (@Related_Group) LOAN AMOUNT: $135,900,000 NOTE: Related Group secured a $135.9 million loan from CIBC Bank USA for their Ritz-Carlton Residences Tampa project, according to Hillsborough County records. The development, situated along Hillsborough Bay on Bayshore Boulevard, is comprised of two towers and 12 townhome villas with construction on Phase II that started in November 2023. #Miami #RealEstate #tradedmia #MIA #Tampa #DevelopmentSite #JorgePerez #RelatedGroup #CIBCBankUSA

[tradedmiami]

LOAN IMAGE: Jon Paul Pérez & Jorge Pérez DATE: 09/09/2023 ADDRESS: 900 North Ocean Boulevard MARKET: Pompano Beach ASSET TYPE: Condo ~ ACRES: 3.07 LENDER: CIBC Bank USA (@cibc_us) LANDLORD: Related Group (@related_group) - Jorge Pérez & Jon Paul Pérez LOAN AMOUNT: $158,900,000 LOAN TYPE: Construction Loan NOTE: The Related Group has obtained a $158.9 million construction loan for its Casamar Residences condo project in Pompano Beach, Florida. The loan, provided by CIBC Bank USA, will help fund the development of 119 oceanfront condos with prices starting at $1.8 million, with completion expected in 2025. #Miami #RealEstate #tradedmia #MIA #PompanoBeach #Condo #CIBCBankUSA #RelatedGroup #JorgePerez #JonPaulPerez

[tradedmiami]

LOAN IMAGE: Steven Poulos & Steve Roth DATE: 04/28/2022 ADDRESS: 4310 NW 215th Street MARKET: Miami Gardens ASSET TYPE: Industrial ~ SF: 1,600,000 LENDER: CIBC Bank USA (@Cibc_Us) (@Cibc) LANDLORD: Bridge Industrial (@Bridge_Industrial_Chicago) - Steven Poulos BROKER: Steve Roth - CBRE (@Cbre) LOAN AMOUNT: $153,500,000 LOAN TYPE: Construction Loan #Miami #RealEstate #tradedmia #MIA #BridgePointCommerceCenter #MiamiGardens #Industrial #CIBCBankUSA #BridgeIndustrial #StevenPoulos #SteveRoth #CBRE