Vaster is proud to provide a $25 million construction loan for two exceptional new estates currently under construction in Surfside, Florida, a town that continues to attract global attention for its waterfront exclusivity and proximity to Indian Creek Island.
Developed by Kort Development and designed by Kobi Karp, the properties at 600 88th Street and 9540 Bay Drive will offer over 23,000 square feet combined of ultraluxury living space, complete with high-end finishes, private docks, and sweeping bayfront views.
Despite broader economic headwinds, South Florida remains a magnet for high-net-worth individuals seeking trophy real estate. As shared by our VP of Bridge Lending, George Fraguio, in a recent interview with Homes.com:
People are still confident in South Florida, and not only people in the U.S., but people all over the world.
Read the full story on Homes.com for a deeper look at these landmark builds and what they signal for South Florida’s luxury market.
Lender: Vaster/George Fraguio
Developer: Amit Kort/Kort Development
Listing Agent: Tomer Kort/Built by Kort
Mortgage Broker: Ken Klein/Klein Kapital Advisors
Image credit: Kobi Karp and Kort Development.
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