BayBridge Real Estate Capital Brokers $102 Million Loan
Multifamily construction project closed during challenging economic environment NEW YORK, April. 30, 2020 – BayBridge Real Estate Capital, an affiliate of Berkowitz Pollack Brant Advisors + CPAs, today announced it brokered a $102 million construction transaction which closed this week. Plantation-based developer Invesca will use the loan provided by New York-based Madison Realty Capital to […]
The Real Deal – Invesca scores $102M construction loan for two SoFla apartment projects
https://therealdeal.com/miami/2020/04/29/invesca-scores-102m-construction-loan-for-two-sofla-apartment-projects/ Invesca scores $102M construction loan for two SoFla apartment projects The loan will be used for a 214-unit project in Pompano Beach and a 330-unit development in Plantation The Real Deal MIAMI / April 29, 2020 09:45 AM By Keith Larsen Invesca scored a $102 million loan from Madison Realty Capital for two […]
South Florida Business Journal – Invesca Obtains Construction Loan for Pixl
https://www.bizjournals.com/southflorida/news/2020/04/29/invesca-obtains-construction-loan-for-pixl-apts.html By Brian Bandell – Senior Reporter, South Florida Business Journal Ivesca overcame challenges of obtaining construction financing during an economic downturn by nabbing a loan for two Broward County projects. The $102 million construction loan will help the Plantation developer put the finishing touches on the Envy apartments in Pompano Beach and begin […]
Market Outlook April 9, 2020
Over the past few weeks there has been a tremendous amount of economic uncertainty that has turned the real estate capital markets upside down. There have been 2,600 borrowers representing $50 billion of Commercial Mortgage Backed Security (CMBS) loans that have asked for reprieve on their April mortgage payments. This metric doesn’t consider agency debt, […]