Cole Schotz Advises The Continuum Company on Two Construction Loans Totaling $345 Million for Ultra-Luxury Waterfront Residential and Hotel Condominium Developments in North Bay Village
Cole Schotz represented The Continuum Company in connection with a $261,500,000 construction loan facility from S3 Capital for Continuum’s ground-up development and construction of the Continuum Club Residences West, a 36-story, 235-unit ultra-luxury residential condominium building property located in North Bay Village, Florida, between Miami and Miami Beach. Cole Schotz also advised The Continuum Company on a separate $83,250,000 refinance and predevelopment loan facility for its existing 115-key Palm Tree Club Hotel, as well as a future 96-key hotel condominium and 296-unit ultra-luxury residential condominium building, also located in North Bay Village.
The Continuum Company is a boutique development firm headquartered in New York City and South Florida, focusing on innovative ground-up real-estate developments. The firm’s core business is the acquisition, development and marketing of large-scale, mixed-use residential, hospitality and retail projects, currently focusing on the New York and Florida markets.
The Cole Schotz team was led by member Matthew Schneid alongside member Drew Barone and associate Alexander Ortiz.
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