FORT LAUDERDALE, Fla. (Feb. 17, 2026) – Linkvest Capital, through its lending affiliate LV Lending, today announced the closing of a $34,375,000 refinancing and pre-development bridge loan for Phase 2 of Nautico District, a 3.5-acre waterfront mixed-use development site with an operating marina at 400 SW 3rd Ave. in Fort Lauderdale. The loan funded $20.5 million at closing, with the remaining $13,875,000 to be funded upon completion of pre-development milestones. The loan closed Feb 13, 2026.
The financing was originated by Camilo Niño, Ricardo Uribe and Alen Hernandez of Linkvest Capital on behalf of the borrower, DFW 18, LLC, an affiliate of Cymbal DLT Companies led by Asi Cymbal and Hector Torres. Proceeds will be used to refinance existing debt and fund pre-development activities for the site.
“We’re proud to support Cymbal DLT with a structured refinancing that matches the scale and vision of what they’re advancing on the New River,” said Camilo Niño, CEO of Linkvest Capital. “We’ve built a strong relationship with this proven development team, and we’re pleased to deliver the capital needed to keep a premier waterfront district moving forward in one of the strongest markets in South Florida.”
“We are excited to launch this second phase of our Nautico District that will be a game changer for South Florida,” said Asi Cymbal, Chairman of Cymbal DLT Companies, and Hector Torres, CEO of Cymbal DLT Companies.
The site’s marina generates approximately $950,000 in annual net operating income, which helps reduce risk during the pre-development period.
The financed site is part of the broader $1.5 billion Nautico District master plan on 6.5 acres at 408 S.W. Fourth St. and 400 S.W. Third Ave., along the New River, positioned south of downtown Fort Lauderdale and near key lifestyle and transit destinations including Las Olas Boulevard, the Riverwalk, Brightline’s Fort Lauderdale station and the Broward Center for the Performing Arts.
Approved plans for phase 2 of the Nautico District include 360 multifamily units, 200 luxury branded condominium residences, a 119-key boutique hotel, a 90-slip marina, and more than 30,000 square feet of retail and restaurant space.
Cymbal DLT Companies has more than 30 years of development experience and an active pipeline exceeding $2 billion. In April 2025, Linkvest Capital provided a $27 million refinancing for Cymbal DLT’s 35-story Midtown HQ high-rise development.
For more information on Linkvest Capital, please call (305) 523-6576, email [email protected], or visit www.linkvestcapital.com.
For more information on Cymbal DLT, visit www.CymbalDLT.com.
About Linkvest Capital
Linkvest Capital is a co-investment platform offering direct access to unique, low-risk investment opportunities across three distinct alternatives: (1) short-term commercial real estate loans, (2) equity in mixed-use developments, and (3) acquisitions and management of commercial, industrial and triple net assets in Florida and the Southeastern US. Linkvest was created by investors, to source and structure the best deals for investors. Over 15 years, Linkvest has invested and managed approximately $1.4 billion in alternative real estate investments with compelling risk-adjusted returns, attracting exceptional co-investors seeking capital preservation, cash flow and value investing strategies.
About Cymbal DLT Companies
Cymbal DLT Companies (Cymbal DLT) is an integrated real estate development firm on a mission to create communities that connect people, places, and nature. Led by Asi Cymbal and Hector Delatorres, Cymbal DLT incorporates the pillars of sustainability, design, and social quality in every development to improve the quality of life and provide lasting habitats for generations of people to come across South Florida. The firm’s portfolio and pipeline are currently valued at $2 billion with over 2,000 units in the pipeline. For more information, visit https://www.cymbaldlt.com/.
