The East Tower just secured additional capital to push through completion, bringing total financing past $162 million. Here is what the deal structure reveals about the project and the market.
- Cottonwood Group provided a $50 million mezzanine loan for the 250-unit East Tower at Oasis Hallandale.
- The mezzanine loan sits atop S3 Capital's $112 million senior construction loan, for a total of $162 million in financing.
- The East Tower topped out in March 2026 and is expected to deliver in 2027, with prices from $580,000 to $3.5 million.
Oasis Hallandale Beach securing a $50 million mezzanine loan shows that lenders and developers are still confident in the project, even as it pushes pricing and product quality into a market that has historically been much more mixed. With two 25-story condo towers, 60,000 square feet of retail and restaurants, and 70,000 square feet of amenities, Oasis is not just selling units. It is trying to create Hallandale's first true large-scale mixed-use destination. The bet is that a new luxury product can pull the surrounding market forward. According to Multi-Housing News, the financing was arranged by WD Capital Group on behalf of developer Giuseppe Iadisernia.
What is a mezzanine loan and why does it matter?
A mezzanine loan sits between senior debt and equity in the capital stack. It is more expensive than a first mortgage but cheaper than raising additional equity. Developers use mezzanine financing when they need more capital than senior lenders will provide but do not want to dilute ownership further.
In this case, S3 Capital provided a $112 million senior construction loan for the East Tower in May 2025. The $50 million mezzanine from Cottonwood Group brings total financing to $162 million. That structure tells you the developer needed additional capital to complete the tower and sell out units. A sophisticated lender was willing to take subordinate risk to get the deal done.
"Our investment in Oasis Hallandale reflects the core principles that drive our structured credit strategy: strong sponsorship, an attractive basis and a clearly defined path to execution," said Mark Green, chief investment officer at Cottonwood Group, according to CityBiz.
Where does the project stand?
The East Tower topped out at 25 stories in March 2026 and is expected to deliver in 2027. The West Tower topped out in early 2025 and is nearing completion, with approximately 75% of units sold according to the developer. Together, the two towers will contain 500 luxury condos.
The commercial component is already operational. Five buildings contain 60,000 square feet of retail and dining plus 35,000 square feet of office space. Current tenants include KC Market, Signor Sassi, Davinci Café, Oasis Fit, Oasis Dental, Delice Med Spa, and Elve Luxury. Arquitectonica designed the project, and MGM Construction Group, led by President Maria Alejandra Fermin, is the general contractor.
East Tower residences range from one to three bedrooms, spanning 900 to 4,750 square feet, with prices from approximately $580,000 to $3.5 million. Three-bedroom units approach the top of that range.
Is the pricing aggressive for Hallandale Beach?
As Larry Mastropieri explained on the Discover South Florida Podcast: "To pay $3.5 million for a three-bedroom there seems like they are probably going to get it because of the market, but it still feels wild. You are surrounded by much lower-priced assets in parts of the area, at least for now. That is the bet."
Hallandale Beach has historically traded at a discount to Aventura, Sunny Isles, and Hollywood Beach. But that is changing. Greenzone is adding 278 units near the Big Easy Casino. Shell Bay is selling ultra-luxury waterfront properties at prices that rival those in Palm Beach. And Oasis is betting that a true mixed-use destination with retail, dining, and fitness already operating can justify luxury condo pricing in a submarket still finding its footing.
Considering a condo in Hallandale Beach? Talk to a Fort Lauderdale area real estate agent who tracks pricing and inventory across the corridor. Reach out to The Mastropieri Group or call (954) 833-1468.
How does this compare to other Broward projects?
Mezzanine financing is not unusual for large condo projects, but the structure here reflects broader market conditions. Senior lenders have pulled back on condo construction in some markets, forcing developers to layer in additional capital. Projects that can demonstrate strong pre-sales and experienced sponsorship are still getting deals done.
For comparison: Icon Beach in Hollywood secured a $360 million construction loan from Tyko Capital for its 350-unit tower. The Cove in Fort Lauderdale landed a $74 million construction loan from Pacific Life for workforce housing. Oasis is smaller than Icon Beach but larger than most Hallandale projects, and the mezzanine layer shows the capital stack required to get it across the finish line.
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Frequently Asked Questions about Oasis Hallandale
What is Oasis Hallandale?
Oasis Hallandale is a 10-acre mixed-use development at 1100 E. Hallandale Beach Boulevard featuring two 25-story condo towers with 500 total units, 60,000 square feet of retail and dining, and 35,000 square feet of office space. Designed by Arquitectonica, it is positioned as Hallandale Beach's first large-scale mixed-use destination.
What is a mezzanine loan in real estate?
A mezzanine loan is a form of subordinate financing that sits between senior debt (like a first mortgage) and equity in the capital stack. It carries higher interest rates than senior loans because lenders take more risk. Developers use mezzanine loans to bridge funding gaps without giving up additional ownership.
How much do condos cost at Oasis Hallandale?
East Tower residences are priced from approximately $580,000 for one-bedroom units to $3.5 million for larger three-bedroom layouts. Unit sizes range from 900 to 4,750 square feet. The West Tower is approximately 75% sold with similar pricing.
When will Oasis Hallandale be completed?
The West Tower is nearing completion in 2026. The East Tower topped out in March 2026 and is expected to deliver in 2027. The commercial component with retail, dining, and office space is already operational.
Who is developing Oasis Hallandale?
Giuseppe Iadisernia is the lead developer. MGM Construction Group, led by President Maria Alejandra Fermin, is the general contractor. Arquitectonica designed the project. Financing includes senior loans from S3 Capital and FBRED BDC Finance, as well as a $50 million mezzanine loan from Cottonwood Group.
Local help for buyers in Hallandale Beach
If you are buying, selling, or investing in Hallandale Beach, Hollywood, or anywhere in southern Broward County, understanding new construction pricing and how it affects resale values matters. Reach out to The Mastropieri Group, Realtors®.
For practical, hands-on support across Broward County, call (954) 833-1468.
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