Westside Capital Group Secures $24.7M Loan To Recapitalize Coral Gables Boutique Office Building
The new loan replaces a $20 million loan provided by Amerant Bank in 2024.
The new loan replaces a $20 million loan provided by Amerant Bank in 2024.
The project will consist of a mixed-use retail and office, restaurant outparcels, a daycare and early learning center, as well as a 3-level parking garage.
Managing Director Scott Wadler and Vice President Michael Basinski of Berkadia Miami, secured a $36.08 million loan on behalf of the developer, Fortune International Group.
Colliers’ Executive Managing Director Jonathan Kingsley and Managing Director Jarred Goodstein represented Sunbeam Development, the landlord, in the transaction. CBRE’s Gordon Messinger represented Amerant Bank, the tenant.
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