Concord Summit Capital Arranges $30 Million Construction Loan For 110-Unit Condo-Hotel Development

Concord Summit Capital (“CSC”) has successfully arranged a $30 million construction loan for Visions at Brickell Station, a 110-unit condo-hotel development located at 1136 SW 3^rd Avenue, in the heart of Miami’s Brickell neighborhood.

The financing, which closed in under 30 days and required only 10% sponsor equity, was arranged by CSC’s Keegan Burger, Director, and David Larson, Managing Director, on behalf of the sponsor and developer, Urban Network Capital Group (“UNCG”).

This marks a repeat transaction between CSC and UNCG, which specializes in sustainable, wellness-oriented projects across supply-constrained high-growth markets. The firm has over 25 years of development experience and is currently developing eight projects across Orlando, Miami, and Mexico.

“Visions at Brickell Station is more than a development, it’s a hospitality experience designed for today’s wellness-minded traveler,” said Robert Thorne, Managing Partner at UNCG. “With fully appointed residences, hotel-style amenities, and on-site management, we’re redefining how guests live and stay in Miami. Concord Summit Capital’s speed and precision made it possible to bring this vision to life.”

Visions at Brickell offers units that range in size from 490 to 675 square feet with prices starting at $495,000. More than half of the residences have already been sold.

The project further strengthens UNCG’s footprint in Miami’s luxury real estate sector and complements its broader portfolio.

“Working again with UNCG on this project is a privilege,” said Burger. “We assembled an efficient capital structure that conserves equity and enables the sponsor to break ground immediately.” 

Visions at Brickell Station is expected to be completed in 2027.