Sky Developer Group Secures $54.2 Million Refinancing Loan For Development Site In Fort Lauderdale

The property asset involved in the transaction is a development site located at 633 SE 3rd Ave & 101 SE 7th St in the Fort Lauderdale market. The refinancing deal amounts to $54,200,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $54,200,000
• Lender: Allen Weinstein & Daryl Hagler - CDK Capital; Christopher Gregg & Roger Rofe - Valley Bank
• Developer: Sky Developer Group - Shimon Dushinsky
• Loan Type: Refinance
• Date of Transaction: 07/07/2026

The key individuals and companies involved in the deal include Shimon Dushinsky representing the developer Sky Developer Group, and the lending team composed of Allen Weinstein, Daryl Hagler, Christopher Gregg, and Roger Rofe from CDK Capital and Valley Bank.