Kadima Developers Secures $32.5M Loan for 121-Unit Seven Park Condo Project in Hallandale Beach

• Kadima Developers secured a $32.5 million construction loan from S3 Capital Partners for Seven Park, an eight-story mixed-use development in Hallandale Beach.
• The project will deliver 121 condominiums, 4,500 square feet of ground-floor retail, and a 30,000-square-foot amenity deck.
• Construction is advancing, with deep foundation work more than 65% complete and structural foundation concrete operations approaching.

What the $32.5 Million Loan Will Fund

Kadima Developers has secured construction financing for Seven Park, a 200,000-square-foot residential and retail development at 218-220 SE Seventh Street in Hallandale Beach, Florida. The $32.5 million loan from S3 Capital Partners will support construction as the project moves through its foundation phase and prepares to rise vertically. The financing was arranged by Carlos Vazquez of Nexos Invest. Site mobilization is complete, underground utility work is progressing, and crews are preparing to begin structural foundation concrete operations, including the tower crane and elevator foundations. Kadima Developers Founder and CEO Alejandro Chaberman said the financing will allow the company to maintain construction momentum as work advances.

What Seven Park Will Deliver

Designed by SKLARchitecture, Seven Park will rise eight stories and include 121 condominium residences alongside 4,500 square feet of ground-floor retail. The residential mix will range from studios to three-bedroom units. Interiors are being designed by Interiors by Steven G., with planned features including floor-to-ceiling windows, Italian kitchens, and optional furnishing packages. The property sits directly across from Peter Bluesten Park, a 16-acre public park, and near Aventura. Its location and residential offering are positioned to attract buyers seeking condominium ownership in South Florida.

What Amenities Could Set Seven Park Apart

The development will feature a 30,000-square-foot amenity deck with a swimming pool, two hot tubs, private cabanas, barbecue stations, and a resident lounge. Additional wellness facilities will include a steam shower, sauna, and cold plunge. These amenities are intended to support the project’s positioning in the South Florida condominium market. Residences are priced from $375,000, with Fortune Development Sales handling exclusive sales and marketing.

What the Financing Means for Kadima Developers

The construction loan marks a key financing milestone as Seven Park advances toward its vertical construction phase. With foundation work more than 65% complete, the project has moved beyond early site preparation and is progressing through major infrastructure and foundation work. Kadima Developers CFO and Founder Jose Melul said the project is designed to meet demand for modern condominium ownership, combining amenities, community-oriented features, and a location near Aventura. For South Florida developers, Seven Park illustrates how construction financing can help maintain momentum on projects that are already moving through critical site and foundation milestones. The next phase will be the transition from below-grade work to the visible rise of the eight-story building.