Developments

After the recovery of the economy in general, and the real estate market in particular, in order to tap into two-digit returns, investors were pushed to assume construction risk. A new development cycle started and many developers brought to life projects conceived during the market downturn. By 2015, new projects were hitting the market weekly leading to an oversupply by mid-2018, but not nearly as severe as what it happened in 2008.

MIAMI BEACH, FL

TERRAZAS DEL MAR

Address
8143 Harding Ave., Miami Beach, FL
Entity
8143 Harding Avenue Developments, LLC
Role
Sponsor
Type
Hotel Suite
Equity
$2.2M
Acquistion Date
26/9/2016
Construction Loan
$2.3M
Lot size
5,500 Sqf.
Total Units
6
Stories
3
Total Sqf.
9,556 Sqf.
FOR SALE
$6.2M
MIAMI BEACH, FL

TERRAZAS DEL MAR

MIAMI BEACH, FL

TERRAZAS DEL MAR