Berkadia Secures $114.3M Loan To Refinance RIVANI In Miami Beach
The refinancing follows RIVANI’s approximately $38 million transformation of the 165,170-square-foot property.
The refinancing follows RIVANI’s approximately $38 million transformation of the 165,170-square-foot property.
The property is currently 100% occupied by two tenants.
The project, which features 106 residences and a 29-slip private marina, is located on the last 14 contiguous acres of Intracoastal waterfront in the Palm Beaches.
Grover Corlew anticipates immediately breaking ground with completion expected by May 2027.
Calum Weaver, Perry Synanidis and Garrett Pordes of Cushman & Wakefield represented the seller, 3T Country Club Village LP, in the transaction.
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