FYI Miami: May 27, 2021
CONSTRUCTION FINANCED: The Estate Companies said it closed $76 million in construction financing from Bank OZK for Soleste NoMi Beach, a 685,957-square-foot, 23-story rental community with 367 units and 2,708 square feet of commercial space at 16395 Biscayne Blvd. in North Miami Beach. The 1.78-acre waterfront property is on Biscayne Boulevard at 163rd Street. Groundbreaking is slated this quarter.