Soleste Seaside, a luxury rental community in Dania Beach developed by The Estate Companies in partnership with Merrimac Ventures, has secured $75 million refinancing from Affinius Capital. The project, situated at 4 North Federal Highway, was completed in July 2023.
Soleste Seaside is an eight-story-tall Class A mixed-use community featuring 340 luxury rental units and 12,800 square feet of retail space. The project offers studios, one-, two-, and three-bedroom units ranging in size from approximately 600 to 1,200 square feet. All residences feature private balconies, a pool deck, a fitness center, outdoor grilling stations, a club room, and private event space.
The Estate Companies has approximately 4,000 rental units and 153,000 square feet of commercial space in the pipeline throughout the tri-county region. The firm has numerous projects in various stages of development, including North Miami Beach, four in downtown Hollywood, Davie, Pompano Beach, Lauderhill, Homestead and West Palm Beach.
The post Estate Cos. Obtains $75M Refi for S. Florida Apartments appeared first on Connect CRE.
