Slate Property Group’s Scale Lending
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Scale Lending Provides $79M in Financing to Renovate Florida Tennis Club Residences
Silver Sky Global Capital has secured $79 million in construction financing to renovate and expand the Bath + Racquet Residences, a 256-unit residential and sports complex in Sarasota, Fla., that includes 21,700 square feet of commercial space, Commercial Observer has learned. SCALE Lending, the financing arm of Slate Property Group, provided the construction loan, which was arranged by JBA… Read more »
Terra Lands $170M for First Phase of $1B Mixed-Use Dev in Miami-Dade
Terra secured $170 million to build the first phase of a $1 billion mixed-use campus adjacent to the Dolphin Park and Ride transit terminal in Western Miami-Dade County, the Miami-based developer announced. The loan from SCALE Lending, the financing arm of Slate Property Group, will fund the construction of 578 apartments, which is expected to… Read more »
Developer Secures $135 Million Loan for 261-315 Grand Concourse in Mott Haven, The Bronx
Developer Beitel Group has secured a $135 million construction loan to complete two adjacent residential projects at 261 and 315 Grand Concourse in Mott Haven, The Bronx. Designed by S. Weider Architect PC, the 14-story structures will span a combined 348,000 square feet and yield 405 rental units in studio to two-bedroom layouts, as well… Read more »