Search
 

Funding Arranged to Start Major Miami Waterfront Project

MIAMI—Famed Jockey Club site to re-emerge as a destination development offering luxury residences with a bay view.

By David Phillips | Updated on January 27, 2016

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.