Connect News Commercial Real Estate news for every market and every facet, every day.
Connect Events Live and virtual events bringing together the best of information and networking.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.
Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
Advertise, Promote, Attend, Create – Work with Connect.
A full service marketing and PR agency.
Meet the team behind the machine and taste a little of the secret sauce.

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Florida & Gulf Coast  + Apartments  |  May 18, 2020
Avatar photo
By: David Cohen

Berkadia Secures $9M Construction Loan for Luxury Loft Project in FATVillage

Berkadia has secured a $9.1 million loan for the construction of The Forge, a new, 7-story luxury loft building in Fort Lauderdale’s FATVillage, the city’s downtown historic warehouse district.

Located at 401 NW 1st Ave., The Forge will feature a mix of one and two-bedroom units ranging in size from 781 to 1,350 square feet. Apartments will feature 12 to 14-foot ceilings, finished concrete floors, Bauhaus-inspired windows, open entertainment kitchens, quartz countertops and smart- home technology. Amenities will include a CrossFit-inspired gym, garage parking and shared access to the Foundry Loft’s pool deck next door.

Brad Williamson of Berkadia’s Miami office secured the financing on behalf of the developer, Urban Street Development. The project, located in an Opportunity Zone, will break ground this year and deliver in late 2021.

Subscribe to Connect Daily National

For comments, questions or concerns, please contact David Cohen

Connect

Inside The Story

Connect With Berkadia’s WilliamsonConnect With Urban Street Development

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
Order Reprints

CRE courses for CE credits

Get CE course credits, centered around all things CRE. View our courses today!

Step 1: Select Education
  • ◦Development
New call-to-action
Hilco-01-cube