Hallandale Beach Developer Secures $112 Million Construction Loan

Hallandale Beach Developer Secures $112 Million Construction Loan
Hallandale Beach Developer Secures $112 Million Construction Loan

Developer Giuseppe Iadisernia has secured a $112 million construction loan to finance the Oasis East Tower, a luxury condominium building located at 1000 E. Hallandale Beach Boulevard in Hallandale Beach, Florida. The 250-unit tower marks the final phase of a large-scale, multi-phase development aimed at transforming the area into a vibrant new district of high-end residences, shops, and restaurants serving the Hallandale Beach and Aventura communities.

The loan was originated by S3 Capital, led by Robert Schwartz and Joshua Crane. The East Tower is part of the Oasis Towers project, which includes two residential condominium buildings. The first building, Oasis West, is currently more than 80% complete, with 200 units already under contract. It is anticipated to receive a temporary certificate of occupancy (TCO) in the fourth quarter of 2025.

With financing secured, construction on the East Tower is now underway. Future residents will have access to a host of upscale amenities, including expansive pool decks with cabanas, lounges, a six-level waterfall, a golf simulator, a banquet hall, a children’s playroom, a business center, and a full-service fitness center.

The project’s design is being led by renowned architecture firm Arquitectonica, while MGM Construction Group is serving as the general contractor.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

Share the Post:

Related Posts