Nothing Cookie-Cutter About It: A New $90 Million Construction Loan for Developer The Continuum Company
Cole Schotz represented The Continuum Company in connection with a $90,083,830.00 construction loan facility from Fortress Investment Group for Continuum’s ground-up development and construction of La Baia South, a 68-unit ultra-luxury waterfront residential condominium property located in Bay Harbor Islands, Florida. The Continuum Company is a boutique development firm headquartered in NYC and South Florida, focusing on innovative ground-up real-estate developments that, according to their website, “are anything but cookie-cutter.” 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. Cole Schotz’s Matthew Schneid and Drew Barone served as representatives on this matter.
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