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Simon Dushinsky Secures $50.55 Million Predevelopment Loan For Ombelle Fort Lauderdale With Equinox Tenant

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FINANCED
$50,550,000
+ 1

Florida

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Mixed-use
Financed 04/14/2026
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FINANCED

Simon Dushinsky Secures $50.55 Million Predevelopment Loan For Ombelle Fort Lauderdale With Equinox Tenant

300 Northeast 3rd Avenue

See Similar Deals
Mixed-use
Financed 04/14/2026
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Summary

FLORIDA
Asset Type:Mixed-use
Transaction Type:Loan

The mixed-use asset located at 300 Northeast 3rd Avenue in Fort Lauderdale consists of 775 units and is currently undergoing predevelopment. The property has secured a loan amounting to $50,550,000 to aid in its development efforts.

Summary of transaction details:

Ombelle Fort Lauderdale is being developed by Brooklyn-based Dependable Equities, with Equinox as its newest tenant. The 35,000-square-foot lease within the property will house Equinox's fitness programming and premium amenities, contributing to the lifestyle offerings available at the development.

Players

SH
5 deals$266.9M volume
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LENDER

9 deals$483.4M volume
ORIGINATOR

5 deals$163.4M volume
ORIGINATOR

Details

FINANCED
IMAGE: Simon Dushinsky, Grant Heilman, Dustin Braham & Katie Goldenberg DATE: 04/14/2026 ADDRESS: 300 Northeast 3rd Avenue MARKET: Fort Lauderdale ASSET TYPE: Mixed-use ~ UNITS: 775 LENDER: Katie Goldenberg, Dustin Braham & Grant Heilman - Dwight Mortgage Trust LANDLORD: Simon Dushinsky LANDLORD'S REP: Steven Hersko - SHB Group LOAN AMOUNT: $50,550,000 LOAN TYPE: Predevelopment NOTE FROM LENDER: Ombelle Fort Lauderdale, a development by Brooklyn-based Dependable Equities, has secured Equinox as its newest tenant — bringing the high-performance luxury fitness brand to Fort Lauderdale for the first time. The 35,000-square-foot lease at 300 NE 3rd Ave will occupy the development's first two floors, where members can expect Equinox's signature group fitness programming, elite personal training, and premium amenities. The addition of Equinox complements Ombelle's already robust lifestyle offering, which spans more than 100,000 square feet of private luxury amenities, further cementing the development as a premier destination for residents seeking an elevated living experience.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$50,550,000.00

Monthly NOI$337,000.00
Monthly Debt Service$319,510.39
Change in Cash Flow$0.00
Refinance Proceeds$0.00