Private Loan Type
Residential Ground-Up Construction
Approx. Funding Date
East Little Havana
Number of Units
Ontario Wealth Management Corporation, a Toronto-based commercial real estate loan origination and servicing company, funded a $1,150,000 1st lien position ground-up construction loan for an apartment building in Miami, FL. Owemanco funded the ground-up development of a 3-story apartment building that on completion will feature 12 micro-unit for-rent apartments. The development is situated within the East Little Havana neighborhood of Miami. This ground-up construction loan was funded in July 2019.