Highland Park Residences in Miami

Ignacio Diaz

Co-founder & managing partner
November 5, 2025

🏗️ 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.

Ignacio Diaz

Co-founder and Managing Partner,
Brora Capital
Ignacio co-leads Brora Capital, a direct private lender for developers and investors across Florida and the Southeast, and has executed on more than $350 million of real estate development.