Highland Park Residences – a $26,000,000 Construction Loan

Ignacio Diaz

Co-founder & managing partner
April 15, 2026
Brora Capital is excited to announce it has closed a $26,000,000 Construction Loan for Sphere Properties in Miami, Florida.

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.

Congratulations to Jose Castellano and the team at Sphere Properties, for their vision and execution. We are excited to watch this project 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.