Search
Close this search box.

South Florida Condo Developer Secures $307M Construction Loan

South Florida Condo Developer Secures $307M Construction Loan

The joint venture of Real Estate Developers Related Group and Dezer Development has successfully secured a construction loan worth $307 million from Apollo affiliates for their latest project, Rosewood Residences Hillsboro Beach. This luxurious waterfront condominium development is located in the Hillsboro Beach market, just north of Fort Lauderdale.

Designed by renowned firm Arquitectonica, Rosewood Residences Hillsboro Beach will stand tall at ten stories above the coastline. It will offer 70 beachfront residences and 22 coastal homes with spacious layouts ranging from 2,800 to 6,400 square feet. The development also includes eleven private boat slips.

Residents can enjoy a variety of amenities such as a wellness center, private spa and salon services, two fitness centers with yoga rooms and saunas. There are also courts for tennis,paddle tennis,and pickleball along with an on-site pro shop available for use. Additionally,the property boasts an oceanfront pool complete with sunbeds,cabanas,and an outdoor spa area exclusively accessible to owners only.Furthermore,residents have direct access to a private beach equipped with lounge chairs ,umbrellas,and full food & beverage service.The development will also feature dining options within its premises.

This marks another successful milestone achieved by these two prominent developers in South Florida’s competitive real estate market.This collaboration promises exceptional living experience through its top-notch design work coupled upwith world-class amenities that cater to every need of potential residents.

Share the Post:

Related Posts