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| Casa Murano, a planned $9 million boutique luxury condominium project to be located on the water in Fort Lauderdale, FL |
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| Casa Murano, a planned eight unit condominium project on the water in Fort Lauderdale |
The eight-unit building is sold out. Unit prices range from $2.2 million to $2.8 million.
Construction is expected to start over the next 30 days and be completed by the end of the third quarter of 2023.
Trez Capital Vice President Scott Mehlman originated the loan on behalf of the developer/borrower Casa Murano, LLC.
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| Scott Mehlman |
“We are pleased to work with a repeat borrower
that is adding a new luxury living option in Fort Lauderdale,” said Mehlman.
“As people continue to move to South Florida
in droves, developers cannot build projects like Casa Murano fast enough to
meet the insatiable demand for high-end housing with water access.”
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| Brett Forman |
“The demand for new housing is strong across the country, but perhaps nowhere is it as intense than in South Florida,” said Forman. “Fort Lauderdale remains a magnet for people seeking warm weather year-round and a laid-back coastal lifestyle, with plenty of dining and entertainment options within easy reach.”
The five-story Casa Murano is located on a canal leading to the Atlantic Ocean at 141 Isle of Venice Dr. It is just blocks from popular boutique retail shops and dining spots on Las Olas Blvd. and a quick bike or car ride from Ft. Lauderdale Beach.
CONTACT:
Eric
Kalis
Vice
President
BoardroomPR
O 954-370-8999
C 305-794-5123
Bank
of America Plaza | 1776 N Pine Island Road
Suite
320 | Fort Lauderdale, FL 33322
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