Oak Row Equities closed a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard in Edgewater, Miami.

Mar 12, 2024•almost 2 years ago

Amount Raised

$181 Million

New YorkReal Estate

Investors

Bank Ozk

Description

Oak Row Equities, a private equity and real estate development company, secured a $181M construction loan from Bank OZK for the development of 2600 Biscayne Boulevard in Miami's Edgewater submarket. The project aims to create a new future for luxury renters and leading businesses seeking a convenient and walkable location coupled with an unbeatable quality of life in Edgewater.

Company Information

Company

Oak Row Equities

Location

New York, New York, United States

About

The site at 49 NW 5th Street in Downtown Miami has been acquired by Oak Row Equities for $38.5 million. It will be developed into a brand new luxury multifamily tower named First & Fifth, featuring 500 luxurious multifamily units, stunning views, and a robust amenity package, with unparalleled transit access. The project is strategically located across from MiamiCentral Station, the hub of all four major train systems in South Florida.

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