Developer Iadisernia Lands Mezz Loan to Finish Hallandale, Fla., Condo Tower

Cottonwood Group provided a $50 million mezzanine loan to support the completion of the East Tower at Oasis Hallandale, a mixed-use development in Hallandale Beach, Florida. Developed by Giuseppe Iadisernia, the 25-story, 250-unit luxury condominium tower is advancing through completion and condominium sellout. The investment reflects Cottonwood’s focus on providing flexible capital to well-positioned projects with experienced sponsorship and a clear path to execution. Read the full article in Commercial Observer.

ABOUT COTTONWOOD GROUP: Headquartered in Los Angeles, Cottonwood is a private equity real estate investment firm focused on equity and debt opportunities across all property sectors and geographies. The firm’s ability to act as a lender, investor, operator and sponsor of real estate investments of all sizes and complexities is fundamental to delivering a risk-adjusted absolute return for investors. Investing out of its discretionary funds and separate institutional accounts, Cottonwood targets U.S. real estate opportunities with a capitalization of up to $1 billion.