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NewsOct 8, 20260 views

Terra-Led JV Lands $507M Construction Loan for South Beach Condo Before Pre-Sales

A Terra-led partnership has scored a $507 million construction loan for a waterfront condo tower in Miami Beach — even before launching sales. The financing from Adi Chugh’s Tyko Capital covers the 28-story, 106-unit development at 1250 West Avenue, along South Beach’s western waterfront facing Bisc

Source: Commercial Observer

A Terra-led partnership has scored a $507 million construction loan for a waterfront condo tower in Miami Beach — even before launching sales. The financing from Adi Chugh’s Tyko Capital covers the 28-story, 106-unit development at 1250 West Avenue, along South Beach’s western waterfront facing Biscayne Bay. In an unusual move for a luxury condo […]

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