arts
$58M construction loan for developers to build boutique condominium In Coconut Grove
Summary by The Miami Editorial Desk Community News Releases , as published by Community Newspapers
· October 5, 2026
· 1 min read
Photo: Community Newspapers · view original
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Summary created by The Miami Editorial Desk — automated, rule-governed Byline on source page Community News Releases, as published by Community Newspapers Original story Read at the source Source published Oct 5, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The development will include 48 luxury residences. A construction loan of $58 million has been arranged for a boutique condominium project.
A construction loan of $58 million has been arranged for a boutique condominium project. The development will include 48 luxury residences. Construction has started and completion is expected by the third quarter of 2028.
Berkadia, a commercial real estate leader, secured the financing. Managing director Scott Wadler and other team members worked on behalf of the development team to arrange the loan. The project is being developed by a joint venture of companies, including LORE Development Group.
Further details about the development are available from the source.
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Category: arts Published: October 5, 2026 Source: Community Newspapers Reading time: 1 min
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What is this story about? A construction loan of $58 million has been arranged for a boutique condominium project. The development will include 48 luxury residences. Construction has started and completion is expected by the…
When was this published? This article was first published on October 5, 2026 by Community Newspapers and curated for The Miami readers.
Who reported this story? This story was reported by Community News Releases at Community Newspapers. To learn more about how The Miami selects and reviews stories, see our editorial standards .
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