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Mixed-Use Hallandale Developer Secures $85M Refinancing

Mixed-Use Hallandale Developer Secures $85M Refinancing

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 its 10-acre site. The financing was provided by FBRED BDC Finance LLC based in New York and will cover the construction costs for both the west tower and a parking garage.

Groundbreaking for Oasis Hallandale’s first 25-story tower took place in 2023. Designed by renowned architectural firm Arquitectonica, this tower will offer a total of 250 residences ranging from one to four bedrooms. Completion is expected in 2025 with prices starting at $675,000 and going up to $4.4 million for units that range from 900 to over 4,750 square feet.

Strategically located at1100 E. Hallandale Beach Blvd., Oasis Hallandale sits on a prime spot near Gulfstream Park Village – home to horse racing events as well as a casino and entertainment complex. Construction began on its commercial component back in2019 which has already been fully sold out.

MGM Construction Group based in Hallandale Beach is serving as general contractor for this ambitious project that promises luxury living combined with convenience right at your doorstep.

The post Mixed-Use Developer Secures $85M Loan Refinance For Oasis Project appeared first on Connect CRE .

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