Institutional capital continues to flow into Flagler Village.
Berkadia has arranged an $84 million construction bridge loan on behalf of Midtown Capital Partners to complete Astor Park Flagler Village, a 252-unit luxury apartment community rising in the heart of Fort Lauderdale’s most active urban corridor.
The floating-rate loan, provided by BridgeInvest, will refinance the project’s existing construction financing and fund remaining completion costs. The development topped out in October 2025 and is expected to deliver in mid-2026. The transaction closed on December 23, 2025.
Located at 333 NE 6th Street, Astor Park is a 12-story, two-tower mixed-use development situated on a 1.42-acre site at the northeast corner of Sistrunk Boulevard and NE 3rd Avenue. Upon completion, the community will offer studio residences starting at 594 square feet, along with one- to three-bedroom layouts and penthouses up to 1,735 square feet. Four live-work units and 2,389 square feet of ground-floor retail will further activate the streetscape, while a structured parking podium will provide 318 garage spaces.
Amenities are calibrated to the neighborhood’s professional demographic: a rooftop pool with skyline views, bar and resident lounge, coworking and dedicated workspaces, and a dog park designed for urban pet owners.
The financing team was led by Senior Managing Director Mitch Sinberg and Managing Directors Scott Wadler, Matt Robbins, and Brad Williamson, along with Vice President Patrick Johnson of Berkadia Florida. In a statement, Wadler noted that Flagler Village continues to attract strong renter demand and that the financing provides Midtown Capital with the flexibility and runway needed to deliver and stabilize the asset.
The location reinforces that strategy. Astor Park sits adjacent to Peter Feldman Park and within walking distance of the Brightline station, Las Olas Boulevard, and downtown Fort Lauderdale, placing it squarely within one of Broward’s most walkable, transit-oriented districts.
For Flagler Village, the loan signals more than construction progress. It reflects lender conviction that well-located, amenitized rental product in South Florida’s urban cores continues to command attention, even in a capital environment that remains selective.
