Seventeen Gables Condominium Secures $60 Million Construction Loan, Set for Immediate Construction at 1715 Douglas Road in Coral Gables
A $60 million construction loan has been secured for Seventeen Gables, a 117-unit condominium development at 1715 Douglas Road in Coral Gables. The project is being developed by BAM Development and Ascendra Capital, with financing provided by Dwight Mortgage Trust. The loan was originated by David Scheer and Alex Izso of Dwight Capital and arranged by Isaac Filler, Steve Edelstein, and Yossi Koschitzki of Filler Capital on behalf of the borrower. Immediate construction is expected to begin concurrent with the launch of sales.
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