Giuseppe Iadisernia Lands $112 Million Construction Loan From S3 Capital Partners For Oasis Towers
1000 East Hallandale Beach Boulevard
$112,000,000
$361/SF
Building Size
310,000 SF
Asset Type
Mixed-use
Closing
May 15, 2025
AI
The property asset involved in this transaction is a mixed-use development located at 1000 East Hallandale Beach Boulevard, Hallandale Beach, FL. The asset spans 375,000 square feet and consists of 250 residential units. The development is identified as Oasis Hallandale and features two 25-story towers, along with various amenities such as pools, business rooms, movie theaters, barbecue areas, a yoga lawn, and a fitness and wellness center.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $112,000,000
- Asset Size: 375,000 SF
- Units: 250
- Lender: Robert Schwartz & Steven Jemal - S3 Capital Partners
- Landlord: Giuseppe Iadisernia
- Broker: Emile Schachter - WD Capital Group
- Loan Type: Construction
This transaction was facilitated by Emile Schachter from WD Capital Group, who arranged and structured the construction loan for Oasis Towers. The firm is actively engaged in structuring equity and credit facilities within the Florida Tri-County region, and for more bespoke structured finance transactions, inquiries can be directed to [email protected].
Players
Hallandale Beach Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93