Hollywood Circle
A desirable lifestyle destination and a smart investment opportunity
Key Features
Deal Size
USD 6,000,000
Deal Type
Preferred Equity
Closed On
31 October 2024
Hollywood Circle Residences is a high-end, mixed-use development offering contemporary living in the heart of Hollywood. Ideally located within walking distance of downtown and just 15 minutes from Fort Lauderdale and the Fort Lauderdale-Hollywood International Airport, it provides unmatched convenience.
The residential apartments are just minutes from Hollywood Beach, one of America’s top beaches, and situated near seven golf courses, making it both a lifestyle destination and an investment opportunity.
This deal was for a bridge loan for the purposes of converting the building from a single ownership residential complex into a condominium with sectional ownership. With the conversion, the individual apartments could be sold to singular buyers, enabling the promoters to unlock more value for the building owners and the investors in the bridge loan.
Bilal Adam
CEO, Stewards Investment Capital
