Crimson developer gets $16M construction loan
by Sep Niakan | January 03, 2014
Stephan Gietl and Fernando Levy Hara’s mckafka Development Group received the construction financing from Banesco USA Bank, according to a project spokesperson. The company expects to hold a groundbreaking ceremony for the 90-unit development at 601 Northeast 27th Street by the end of January. Luis Duany of Duany Financial Network arranged the financing.
A LEED Silver-certified project, The Crimson is expected to have one, two and three-bedroom residences, penthouses and townhomes. Units range in size from 780 to 1,600 square feet. Amenities include storage space for each unit in the parking garage, a pool deck, hot tub and zen room.
by Sep Niakan | February 22, 2017
A previous blog on how a petition to privatize an alley adjacent to Cité Condo sparked rumors of a new hotel coming to Edgewater did spark another thought process. It seems the latest trend for developments in Edgewater is to either be a...
by Sep Niakan | February 15, 2017
Miami has always been a melting pot of cultures. From the Bahamians that came to work at the Peacock Inn in the 1870s to influx of Cuban immigrants in the 1960s. Miami didn’t just welcome people with open arms, but also embraced their...
by Sep Niakan | February 14, 2017
Valentine’s is just around the corner, and while most people equate Valentine’s Day with romantic love, I prefer to celebrate love in a broader sense. To me, it’s more about celebrating bonds and relationships of all kinds,...
by Sep Niakan | February 12, 2017
If you thought living in Downtown Miami was a distant dream, think again. 2017 comes bearing great news for those who’ve always wanted to live close to the urban core but couldn’t afford it. You will now be able to rent a Downtown Miami...