🏗️ Just Closed: $2.5M Bridge Loan for Highland Park Residences in Miami 🏙️
We’re thrilled to share that Brora Capital has closed a $2.5 million bridge-to-construction loan for Sphere Properties in record time — In a remarkable feat, the process took just 3 days from signed term sheet to funding
The project? Highland Park Residences — a 79-unit multifamily development in the heart of Miami’s booming Health District, just steps from Jackson Memorial and the planned $1B Highland Park Miami mega-development.
A big congratulations to the incredible team at Sphere Properties, including Jose Castellano and Roger Lehman, for their vision and execution. This is the kind of forward-thinking development we’re proud to support.Excited to watch this one take shape and help bring much-needed housing to one of Miami’s fastest-growing urban corridors.