MIAMI—The site of the legendary Jockey Club, the hot Miami social club of the 60's, will soon be transformed with the addition of the 1 million-square foot luxury residential and hotel development Apeiron at the Jockey Club, thanks to a $21 million loan by New Jersey-based private lender, Silver Arch Capital Partners.
Jeffrey Wolfer, President and CEO of Silver Arch Capital announced the company's completion of the funding for the proposed project. The two-year loan was obtained by Apeiron Miami, LLC, a partnership headed by Ritz Carlton Group co-founder and former president Horst Schulze, former chairman of HBA International, Michael Bedner, and former vice president of Related International, Muayad "Mo" Abbas.
"We are pleased that we can be part of such an exciting project on such a great site, with a group that will make this outstanding project happen," said Wolfer. "The team includes individuals with lengthy track records in development, hospitality, and management that positions them well to execute on their vision."
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
