Florida East Coast Realty secures loan for Panorama Tower in Miami – South Florida Business Journal

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Not everyone at the Panorama Tower can appreciate stepping onto a balcony with a jaw-dropping overhang. There might be a renter or two who is “afraid to come out here,” said Jerome Hollo, the executive vice president of the developer, miami-based florida east coast realty Inc., as he stood on the balcony on a recent sunny day.

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The Panorama Tower, which opened in June, stands out as a behemoth amid the Miami building boom, presenting astonishing views of South Florida. Take a ride along as the South Florida Sun Sentinel.

mortgage to an affiliate of Florida East coast realty (fecr). The developer was. South Florida Business Journal Feb 4, 2019, 6:52am EST Updated Feb 5, 2019, 4:37pm EST Commercial Real Estate Miami’s tallest tower secures $425M loan save Print Order Reprints Email f Share in Share Tweet

Florida East Coast Realty’s S3-story Panorama Tower, slated to be the tallest building in Miami-Dade. secured a record S340-million loan in May 2015 and is also receiving Chinese investment via the EB-5 visa program to help complete the $800-million project. In early 2016, the Miami-based Terra Group acquired a $91.2-million loan for Eighty.

Want to know who some of the key people are in shaping the region’s skyline and commercial real estate market? Welcome to SFBW’s first list of Heavy Hitters in Commercial Real Estate. These movers and shakers are building iconic projects, transforming neighborhoods and handling mega.

Completed in 2018, Panorama Tower has 821 apartments, a 208-room Hyatt Centric hotel, 70,493 square feet of office space and 47,360 square feet of retail. Search Close Sign In