Giuseppe Iadisernia, the developer of Oasis Hallandale’s mixed-use project, has successfully secured an $85 million construction loan for the first condo tower on the 10-acre property. The financing was provided by FBRED BDC Finance LLC from New York and will be used to build both the west tower and a parking garage.
Construction on Oasis Hallandale’s first 25-story tower began in 2023. Designed by Arquitectonica, it will feature 250 residences ranging from one to four bedrooms. The west tower is expected to be completed in 2025 with units ranging from 900 to 4,750 square feet and prices starting at $675,000 up to $4.4 million.
Strategically located at1100 E.Hallandale Beach Blvd., Oasis Hallandale sits on a prime spot near Gulfstream Park Village – home of horse racing events as well as a casino and entertainment complex.The commercial portion of this development broke ground in2021 and has already been fully sold.
MGM Construction Group based in Hallandale Beach is responsible for overseeing all aspects of construction for this project.
The latest news regarding Giuseppe Iadisernia’s mixed-use development reveals that he has obtained an impressive refinance deal worth $85 million for his flagship project -Oasis Hallandale.This funding was made possible through FBRED BDC Finance LLC based outof New York City,and it will cover expenses relatedto constructingthe western residential building along with its accompanying parking facility.
In terms of progress,OasisHallandalerecentlybrokegroundonitsfirsttowerwhichwillstandtallat25-stories.Designedby renowned architectural firm Arquitectonica,this structure boasts250luxuriousresidencesrangingfromone-to-four-bedroomunits.Thewesttowerisscheduledforcompletionin2025withcondounitsspanningfrom900to4,750squarefeetandpricedbetween$675,000to$4.4million.
Situated on a sprawling 10.1-acre plot at1100 E.Hallandale Beach Blvd.,OasisHallandalenotablyoccupiesaprime location in close proximity to the popular Village at Gulfstream Park -a hub for horse racing,casino gaming,and entertainment.The commercial aspect of this development commenced constructionin2021 and has already been fully sold out.
Overseeing all aspects of the Oasis Hallandale project is none other than MGM Construction Group,a reputable firm based in Hallandale Beach with extensive experience in handling large-scale developments like this one.
