Simon Dushinsky Secures $50.55 Million Predevelopment Loan For Ombelle Fort Lauderdale With Equinox Tenant
Florida
See Similar DealsSimon Dushinsky Secures $50.55 Million Predevelopment Loan For Ombelle Fort Lauderdale With Equinox Tenant
300 Northeast 3rd Avenue
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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:
- Property Type: Mixed-use
- Transaction Amount: $50,550,000
- Lender: Katie Goldenberg, Dustin Braham & Grant Heilman - Dwight Mortgage Trust
- Landlord: Simon Dushinsky
- Landlord's Representative: Steven Hersko - SHB Group
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.
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