fbpx

Concord Summit Capital Secures $22.75 Million Financing for Miami Worldcenter Site Acquisition

Concord Summit Capital, LLC brokered a $22.75 million acquisition land loan in Miami for its client, Lynd Living. The land, also known as Block 23, is located between NW 9th and NW 10th Street on North Miami Avenue and is one of the last remaining land sites within Miami Worldcenter, the 2nd largest master-planned community in the country, behind New York City’s Hudson Yards. The transaction closed on August 26. 

Concord Summit’s Managing Director Kevin O’Grady and Director Justin Neelis represented Lynd on the acquisition of the land loan. They also represented Lynd as the exclusive advisors to place construction financing for a mixed-use project. Concord Summit was also the sales broker for the land sale. The next step for Concord Summit involves securing the construction financing for the project for Lynd. Concord Summit Capital also arranged the construction financing and equity for Paramount Miami Worldcenter for Encore Capital.

“David Lynd is a visionary and an incredible developer who I’m confident will bring a whole new level of residential living to Miami Worldcenter that the market has not seen before,” O’Grady says.

You May Also Like

Diversity Honors at Seminole Hard Rock Hotel & Casino Unveils Honorees

Groundbreaking and internationally acclaimed recording icon Belinda Carlisle will be among the recipients.

Hallandale Beach Event Series Seeks New Restaurants and Additions

The lineup is part of the South Beach Wine & Food Festival, which has raised over $37 million for the Chaplin School of Hospitality & Tourism Management at FIU.

Hallandale Beach Presents Celebrity Chef Dinner and Food & Groove Events

The outings are part of the South Beach Wine & Food Festival.

Other Posts

Coral Gables Loews Hotel Hosts Annual Mayor’s Ball in Support of League Against Cancer and Coral Gables Foundation

The 2nd Annual Mayor’s Ball was recently held at the Coral Gables Loews Hotel to raise funds for the League Against Cancer and The Coral Gables Community Foundation. The event was

Friends of Jack & Jill Center Hosts Annual Winter Carnival

The fun-filled community event aims to raise much-needed funds for children and families in need.

Battier Take Charge Foundation Hosts Annual Fundraiser

The event will feature wine tasting, finner and karaoke to raise funds for college scholarships.

Gulfstream Park Hosts 2024 Pegasus World Cup Racing Championship

The 2024 Pegasus World Cup will make its highly anticipated return to Gulfstream Park on Jan. 27. Organized by 1/ST, the event is known for attracting world-class Thoroughbred racehorses, A-list celebrity attendees,

Drew Limsky

Drew Limsky

Editor-in-Chief

BIOGRAPHY

Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.