Top California Lender closed a $7.3 million construction loan to finance an exciting new project in Miami, Florida. This funding will support the construction of a 50,000-square-foot mixed-use project in the heart of the Wynwood neighborhood. The development will feature a sleek, three-story building with 20,000 square feet of ground-floor retail space, including boutique shops and a gourmet coffee bar, alongside 30 modern residential units on the upper floors, complete with rooftop terraces offering stunning city views. The design incorporates sustainable materials and energy-efficient systems, aligning with Miami’s growing emphasis on eco-friendly urban growth.

The loan, secured at an interest rate of 10.5% with an interest reserve included, reflects Top California Lender’s commitment to fueling growth in high-demand real estate markets. This project highlights the company’s expertise in delivering customized construction financing, empowering developers to thrive in Florida’s booming construction sector.

“We are excited to back this innovative construction project in Miami’s Wynwood,” said Jerry Dean, Chief Executive Officer. “This $7.3 million loan, reflects our dedication to driving development that enhances community vibrancy and sustainability in one of the country’s most dynamic markets.”