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Florida & Gulf Coast  + Miami + South Florida  + Finance  | 
LV Lending has closed an $8.3 million loan for Congress Group's acquisition of the Civica Center, a .85-acre multifamily development site located at 1050 NW 14th St. in Miami's Health District

LV Lending Closes Financing for Congress Group’s Acquisition of Civica Center

LV Lending has closed an $8.3 million loan for Congress Group’s acquisition of the Civica Center, a .85-acre multifamily development site located at 1050 NW 14th St. in Miami’s Health District. In partnership with Peakhill Equity TS, Inc., Congress Group acquired the site from TCD 212 Civica FL Property LLC, a Delaware limited liability company, for $16 million. 

Congress Group plans to transform the site into a 380-unit high-rise multifamily development. The land fronts the Dolphin Expressway and is part of a larger 1.82-acre tract that has been improved with a mixed-use retail and office building. The loan was used to finance the acquisition of the site, and a future advance has been made available to fund additional pre-development costs.

The Miami Health District is home to some of the largest and most renowned hospitals and research facilities in the United States.

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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.

  • ◦Sale/Acquisition
  • ◦Financing