Lionheart Strategic Management Llc And Bank Ozk Provide $150 Million In Funding To Two Roads Development For Residential Development In Miami
Lionheart Strategic Management Llc And Bank Ozk Provide $150 Million In Funding To Two Roads Development For Residential Development In Miami
05/26/22, 10:07 AM
Location
Money raised
$150 million
Lionheart Strategic Management LLC (Lionheart), an SEC-registered investment advisor that was formed in 2017 as the asset management affiliate of Fisher Brothers, today announced that it will be providing a $45 million mezzanine loan to Two Roads Development, backed by a $105 million senior mortgage loan from Bank OZK. The financing will be used to fund the acquisition of an existing condominium in the Edgewater neighborhood of Miami in preparation for the future development of an ultra-luxury branded residential development on the property.
Company Info
Location
miami, florida, united states
Additional Info
Lionheart Strategic Management, LLC, an SEC-registered investment advisor that was formed in 2017 as the asset management affiliate of Fisher Brothers to manage investments for individuals of the firm and on behalf of third party investors seeking exposure to real estate strategies with a primary focus on top urban markets within the United States. For more information, please visit http://www.lionheartstrategic.com/