Passa a Pro

Ugo Colombo’s CMC Group and Morabito Properties nabbed a $64.5 million loan to complete construction of a waterfront luxury condominium in Bay Harbor Islands.

Bank OZK provided the financing for the joint venture’s Onda Residences, a planned 41-unit, eight-story development at 1135 103rd Street, according to an emailed statement from Colombo, Miami-based CMC Group’s founder and president. Morabito is a Miami Beach-based development firm led by Valerio Morabito.
Ugo Colombo’s CMC Group and Morabito Properties nabbed a $64.5 million loan to complete construction of a waterfront luxury condominium in Bay Harbor Islands. :construction-worker: Bank OZK provided the financing for the joint venture’s Onda Residences, a planned 41-unit, eight-story development at 1135 103rd Street, according to an emailed statement from Colombo, Miami-based CMC Group’s founder and president. Morabito is a Miami Beach-based development firm led by Valerio Morabito. :building-construction:
THEREALDEAL.COM
CMC, Morabito Score $65M Loan for Onda Residences
Ugo Colombo’s CMC Group and Morabito Properties nabbed a $65 million loan to complete construction of a waterfront condominium in Bay Harbor Islands.
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