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Related Group, Tate Capital and Rok Acquisitions Reveal 'The Residences at The St. Regis Bahia Mar Resort, Fort Lauderdale'

October 31, 2024

South Florida-based developers Related Group (Related), Tate Capital and Rok Acquisitions, in collaboration with hospitality leader Marriott International, have revealed plans for The St. Regis Resort and Residences, Bahia Mar Fort Lauderdale.

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In Commercial, Development, Development News, Development Sales, Fort Lauderdale, Hospitality, Hotels, Luxury Real Estate, News, News & Features, Residential Tags The Residences at The St. Regis Bahia Mar Resort, Fort Lauderdale, Development News, Development, Development Sales, Residential, Commercial, Bahia Mar, Fort Lauderdale Beach, News & Features, News, Featured, Douglas Elliman Development Marketing, Related Group, Tate Capital, Jimmy Tate, Rok Acquisitions, Hospitality, Hotels, Luxury Real Estate, Marriott International
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Jimmy Tate Closes On $50 Million Loan for Bahia Mar Resort in Fort Lauderdale Beach

Jimmy Tate Closes On $50 Million Loan for Bahia Mar Resort in Fort Lauderdale Beach

September 17, 2017

Jimmy Tate and Tate Capital has locked in a $50 million loan for Bahia Mar in Fort Lauderdale Beach from Florida Community Bank and has boosted its mortgage on the property to $135 million. The project includes a $7 million redesign of the Bahia Mar Fort Lauderdale Beach – a DoubleTree by Hilton, which is a 40-acre, 296-key resort. Bahia Mar was redesigned by Kobi Karp and is expected to be completed in October (2017). Tate Capital is planning to invest close to $500 million in redeveloping the property into a mixed-use project which will also include 7 apartment buildings, dock space, restaurants, a 250-slip marina with docking for 100 mega-yachts, etc. They have also secured that the Fort Lauderdale International Boat Show will remain at Bahia Mar through 2050.

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Jimmy Tate Closes On $50 Million Loan for Bahia Mar Resort in Fort Lauderdale Beach
In Fort Lauderdale, Finance & Banking, News Tags Fort Lauderdale Beach, Fort Lauderdale, Bahia Mar, News, Kobi Karp, Jimmy Tate, Tate Capital, Broward, Financing, Finance, Florida Community Bank
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