News & Press
South Florida New Construction loan funds.
Multi Capital (MCG) closes a $25,000,000 Construction loan in Doral Florida.
Bernard Nagelberg a principal at Multi Capital announced that Multi Capital has arranged for a $25,000,000 loan for the Landmark at Doral, located in Doral Florida.
The loan was a pre-construction loan for the Landmark at Doral (http://www.landmarkatdoral.com), a 120 acre site that will be developed in numerous phases. The project will contain 1,100 residential condominium units, approximately 100,000 SF of retail space, 100,000 SF of professional office space and an additional 266,000 SF of office space.
Multi Capitals' client, EB Developers, is a publicly traded company with corporate offices located in Boca Raton, Florida. For over a decade EB Developers and Berdugo Homes have been setting the benchmark for the single-family, multi-family and high-rise residential markets. Thousands of people live in the finest quality of homes throughout Florida, which have been built by EB Developers. They have maintained strong professional and financial relationships that allow continued growth and expansion into new markets.
EB Developers (http://www.ebdevelopers.com) is a Real Estate Development company that is active, aggressive and well financed, with a highly qualified staff and strategic partners that consists of some of the most well known names in the industry. EB Developers has the ability to handle complex projects and to perform as a developer and builder. To date, EB has developed over $3 billion in past and present real estate projects in Florida.
About Multi Capital LLC
Multi Capital, Inc. (www.Multi-Capital.com) is a nationwide finance company specializing in the full spectrum of real estate financing. Multi Capital is known for its expertise in arranging Senior Debt, Mezzanine, and Equity for Development Deals. With its financing experts originating from the real estate development arena, Multi has the expertise needed to syndicate these transactions.
Multi Capital provides a service that is unmatched in efficiency, speed, and thoroughness. Multi currently has over $600,000,000 in development deals in the pipeline.