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Florida & Gulf Coast  + South Florida  + Finance  | 
Miami-based Cymbal DLT Companies secured a $95 million loan for Oasis Pointe Residences

$95 Million Loan Allows Developer to Keep Newly Built Community 

Miami-based Cymbal DLT Companies secured a $95 million loan from Kookmin Bank and Related Fund Management for Oasis Pointe Residences. The 2.4-acre 301-unit waterfront complex in Dania Beach opened eight months ago and is 97-percent leased.

Oasis Pointe, at 150 South Bryan Road,  is adjacent to Dania Pointe, a mixed-use development with premier shopping and dining, commercial spaces, and a dual-branded hotel. Within 29 months of Oasis Pointe’s groundbreaking, Cymbal DLT paid off its $60.3 million construction loan to 3650 REIT and distributed more than a 130-percent return to equity investors. 

Patrick Martin from Related, Will (Woosuk) Cha from Kookmin Bank, and Asi Cymbal, Hector Torres, Jacob Nunez, and Jake Fleischer from Cymbal DLT closed the deal.

Cymbal DLT’s private financier, Christian Uriarte, and Gautham Atreya of Cymbal DLT secured the loan. John Hotte of Krinzman Huss Lubetsky Feldman & Hotte was legal counsel for Cymbal DLT.

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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