Realizing the immense potential for communities and investors throughout Florida, Becker has launched a multidisciplinary Opportunity Zone Practice. The Becker team provides a full spectrum of cross-practice services to assist public entities, developers and investors in understanding what is involved in the investment process and how to implement strategies for […]
Hugo Alvarez Serves as the Bridge Between Developer and Bank for $51 Million Construction Loan
12.13.2018
Miami-based apartment developer Estate Investments recently obtained a $51.35 million construction loan to proceed with Soleste Alameda, a two-building, 306-unit residential development. Of the $51.35 million, $46.7 million will be financed by Arkansas-based Centennial Bank. Becker shareholders Hugo Alvarez, Michael Boutzoukas, and David Blattner represented Centennial in the deal. Hugo,...
Richard Branson’s Virgin Group is now a minority owner of Brightline. If you thought the new regional train service was already heating up South Florida’s business environment, just wait. Branson’s demonstrated track record means Brightline’s business model just went into hyperdrive for business owners, investors, and developers. Hyperdrive is Branson’s […]
Business Litigation Shareholder Jon Polenberg has been elected to the Board of Directors of Gilda’s Club South Florida. The non-profit organization is an affiliate of the Cancer Support Community, and was founded in honor of actress Gilda Radner. Gilda’s Club is dedicated to providing support, education, and hope to all […]
A joint venture between Coastline Management and Tower Capital Group paid $33.2 million for an apartment complex in Miami Gardens. EB Real Estate Group, an investment firm in New York, sold the 234-unit Park Plaza Apartments for about $142,000 per unit, according to a press release. Berkadia’s Tal Frydman, Yoav […]
Areas of Focus: Real Estate
