arts
Developers pay off $115M in Miami construction loans as condos near sellout
By Eman Elshahawy at The Real Deal
· June 2, 2026
· 1 min read
South Florida developers knocked out a combined $115 million in construction loans for Miami condo towers that are nearly sold out, as the demand for hospitality-branded residences heats up in the region. North Development paid off a $70 million loan to Forman Capital and Core Capital for Domus Bric
Key takeaway North’s 172-unit Domus Brickell Park recently opened and has posted 120 closings, while Rosso and Midtown’s 228-unit Standard Residences is nearing completion […]This article originally appeared on The Real Deal.
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Category: arts ·
Published: June 2, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? South Florida developers knocked out a combined $115 million in construction loans for Miami condo towers that are nearly sold out, as the demand for hospitality-branded residences heats up in the region. North Development paid off a $70 million loan to Forman Capital and Core Capital for Domus Bric
When was this published? This article was first published on June 2, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Eman Elshahawy at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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