Tuesday, October 28, 2025
Distribution: (800) 510 0384
Washington DC
New York
Toronto
Press ID  
  • Login
The Hudson Weekly
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity
No Result
View All Result
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity
No Result
View All Result
The Hudson Weekly
No Result
View All Result

Source Realty Capital Closes $7.6 Million Bridge Loan on Luxury Condo in Sunny Isles Beach, FL

Michelle Kellett by Michelle Kellett
October 5, 2022
in Financial
A A
Share on FacebookShare on Twitter

Source Realty Capital, a New York-based private real estate lender and loan broker, has originated a $7.6 million bridge loan secured by a luxury condo at the Acqualina Ocean Residences in Sunny Isles, FL. Through its network of borrowers and brokers, Source Realty Capital originates private money real estate loans for experienced real estate professionals looking to buy and/or renovate investment properties. Source Realty Capital also provides long-term financing options to real estate investors.

The 1-year, fixed-rate loan will be used to refinance the property’s existing bridge loan, as well as pay off other liens tied to the borrower and property. The borrower’s current bridge loan had matured, and the borrower had to secure new bridge financing quickly to avoid a maturity default. This new loan will give the borrower time to either secure permanent financing or sell the property. The leverage on this loan was 55% of the current property’s value. The end investor on this bridge loan was a large Miami-based insurance company.

HudsonNewsroom

Breaking Boundaries: How Karine Sarkisyan’s Innovative Business Model is Gaining Recognition Across America

Discover the World of Prop Firm Trading

How Does External Storage Enhance Your Investment Strategy?

Built in 2006, the Acqualina Ocean Residences is a 45-story building that offers three, four, and five-bedroom units from 2,200 square feet to over 6,000 square feet. Additionally, the building offers two restaurants, three pools, room service, and a 20,000-square-foot oceanfront spa as well as the acclaimed Il Mulino New York restaurant. The penthouse unit used to secure this bridge loan was a 6,400-square-foot unit with 2,700 square feet of balcony space, including a private pool.

“The Acqualina is a one-of-a-kind luxury building. Even in a competitive high-end market like Miami, this building stands out as best-of-class,” commented John Femenia, founder and principal of Source Realty Capital. “Despite the challenges of going from bridge loan to bridge loan, we were able to execute for our client and find an investor that was able to meet our borrower’s needs in a timely manner.”

Michelle Kellett

Michelle Kellett

Deputy Editor, Investing and Corporate News

More from HW Newsdesk

Breaking Boundaries: How Karine Sarkisyan’s Innovative Business Model is Gaining Recognition Across America
Financial

Breaking Boundaries: How Karine Sarkisyan’s Innovative Business Model is Gaining Recognition Across America

October 27, 2025
Discover the World of Prop Firm Trading
Financial

Discover the World of Prop Firm Trading

October 22, 2025
How Does External Storage Enhance Your Investment Strategy?
Financial

How Does External Storage Enhance Your Investment Strategy?

October 21, 2025

HW Newsroom

How to Use Feeding Bra Properly: What Every Mom Should Know
Health

How to Use Feeding Bra Properly: What Every Mom Should Know

by Sylvia MacIntyre
October 23, 2025

Breastfeeding is a normal part of being a mom, which brings a lot of joy but is also quite difficult....

Discover the World of Prop Firm Trading

Discover the World of Prop Firm Trading

October 22, 2025
doTERRA's Global Convention Demonstrates Multi-Tiered Empowerment Model

doTERRA’s Global Convention Demonstrates Multi-Tiered Empowerment Model

October 22, 2025
How Does External Storage Enhance Your Investment Strategy?

How Does External Storage Enhance Your Investment Strategy?

October 21, 2025
Neutec Group Partners With Bioz to Enhance Scientific Product Validation

Neutec Group Partners With Bioz to Enhance Scientific Product Validation

October 21, 2025
California's Lancaster Introduces Hydrogen-Powered Backup Traffic Signals to Boost Public Safety

California’s Lancaster Introduces Hydrogen-Powered Backup Traffic Signals to Boost Public Safety

October 21, 2025
A Complete Review of Spin Samurai Casino – the Perfect Choice for Australian Players

A Complete Review of Spin Samurai Casino – the Perfect Choice for Australian Players

October 21, 2025
Every Child in America Doesn’t Need Therapy

Every Child in America Doesn’t Need Therapy

October 20, 2025
Signs Your Dog Needs More Exercise Than You Think in the Windy City

Signs Your Dog Needs More Exercise Than You Think in the Windy City

October 20, 2025
The Role of Artificial Intelligence in Modern Casino Operations

History of Lightning Link Casino Slots

October 20, 2025
4 Easy Ways to Keep Your Pet Comfortable Year-Round

4 Easy Ways to Keep Your Pet Comfortable Year-Round

October 19, 2025
Tom Vukota Delivers Returns Through Secular Trend Execution in Colorado Workforce Housing

Tom Vukota Delivers Returns Through Secular Trend Execution in Colorado Workforce Housing

October 19, 2025
No Result
View All Result

Headlines

How Online Casino Platforms Are Embracing Safer-Gaming Tools and Regulation

Ryan The Son Turns Recovery Into a Sport on Recovering Athlete

A Beginner’s Guide to Starting a DTF Printing Business

How to Use Feeding Bra Properly: What Every Mom Should Know

Discover the World of Prop Firm Trading

doTERRA’s Global Convention Demonstrates Multi-Tiered Empowerment Model

Trending

2026 General Astrological Forecast: Major Planetary Transformations and Historical Insights
Lifestyle

2026 General Astrological Forecast: Major Planetary Transformations and Historical Insights

by Dennis Keller
October 27, 2025

This article is an excerpt from the book Complete Horoscope 2026 by Tatiana Borsch. In 2020, the...

How to Choose the Right Remote Access Software for Your Needs

How to Choose the Right Remote Access Software for Your Needs

October 25, 2025
How Online Casino Platforms Are Embracing Safer-Gaming Tools and Regulation

How Online Casino Platforms Are Embracing Safer-Gaming Tools and Regulation

October 24, 2025
Ryan The Son Turns Recovery Into a Sport on Recovering Athlete

Ryan The Son Turns Recovery Into a Sport on Recovering Athlete

October 24, 2025
A Beginner's Guide to Starting a DTF Printing Business

A Beginner’s Guide to Starting a DTF Printing Business

October 23, 2025
  • How Designer T-Shirts Are Redefining Modern Casualwear

https://ritzherald.com/how-designer-t-shirts-are-redefining-modern-casualwear/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #louisvuittonlover #fashion
  • Breaking Boundaries: How Karine Sarkisyan’s Innovative Business Model is Gaining Recognition Across America

https://hudsonweekly.com/breaking-boundaries-how-karine-sarkisyans-innovative-business-model-is-gaining-recognition-across-america/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • Hazim Gaber on Blending Structure and Imagination to Elevate Modern Creative Writing

https://lincolncitizen.com/hazim-gaber-on-blending-structure-and-imagination-to-elevate-modern-creative-writing/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #writing #creativewriting
  • Hazim Gaber Shares Proven Strategies for Overcoming Writer’s Block and Maintaining Creative Flow

https://fairmontpost.com/hazim-gaber-shares-proven-strategies-for-overcoming-writers-block-and-maintaining-creative-flow/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #creativewriting
  • 2026 General Astrological Forecast: Major Planetary Transformations and Historical Insights

https://hudsonweekly.com/2026-general-astrological-forecast-major-planetary-transformations-and-historical-insights/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #horoscopes #astrologypost
  • Kunming Biodiversity Fund Endorses 22 Landmark Projects to Combat Biodiversity Loss

https://ritzherald.com/kunming-biodiversity-fund-endorses-22-landmark-projects-to-combat-biodiversity-loss/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost #environnement
  • Why Adaptability is the Ultimate Business Advantage: Insights From Dustin Pillonato

https://madisongraph.com/why-adaptability-is-the-ultimate-business-advantage-insights-from-dustin-pillonato/

#nyc #losangeles #chicago #houston #phoenix #philadelphia #sandiego #dallas #sanfrancisco #seattle #denver #washingtondc #boston #detroit #vancouver #toronto #publicrelations #marketingagency #earnedmedia #editorial #marketing #guestpost #guestposting #sponsored #sponsoredpost
  • Bridging the Gap: Greg Kutzin on How Business Analysts Can Drive Change in Diverse Industries

https://madisongraph.com/bridging-the-gap-greg-kutzin-on-how-business-analysts-can-drive-change-in-diverse-industries/

#GuestPostService #SponsoredPost #DigitalPR #SEOAgency #ContentMarketing #MediaCoverage #BacklinkService #AuthorityBranding #FounderLife #MarketingAgency #EarnedMedia #PressReleaseDistribution #LinkBuildingService #StartupMarketing #NYC

© 2025 The Hudson Weekly. Published by The Ritz Herald. Editions: Markets Herald • Lincoln Citizen • Madison Graph • Belmont Star • Fairmont Post

Address: 1177 6th Avenue, 5th Floor, New York, NY 10036. Removals: pr@hudsonweekly.com. Phone: (718) 313-5252. M-F: 9AM-5PM. Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity

© 2025. The Hudson Weekly