Sunny Isles – New Construction – NEARING COMPLETION – PENDING CLOSINGS - This 15 story property has three residential towers which rests amidst street level retail shops. The property has direct water access via the adjacent intercostals and is directly across the street from the ocean. The property has 234 three BR units with 1,593 sq ft as well as several penthouses and 25 townhouses. The townhouses have three and four BR units with sizes ranging from 2,069 sq ft to more than 5,000 sq ft. Total sq ft is about 460,000 sq ft. HOA’s are slated to be $.42 per sq ft. The building will likely begin closings in late summer early fall. Loan amount is $120MM.