News

LINKVEST CAPITAL CLOSES $17.6 MILLION LOAN FOR FINAL PHASE OF SMART BRICKELL DEVELOPMENT IN MIAMI

Financing Package Supports Land Refinancing and Ongoing Construction of Smart Brickell Luxe, a Condo-Hotel by Habitat Group in Miami

MIAMI, Fla. (May 14, 2025)–Linkvest Capital, through its private lending affiliate LV Lending, today announced the closing of a $17,662,500 million loan to refinance the land and fund the ongoing construction for Smart Brickell Luxe, the third and final phase of the three-tower Smart Brickell condo. The luxury condo-hotel is developed by Habitat Group, a seasoned Miami-based real estate firm led by Santiago Vanegas and Andrés Roa. The loan also includes refinancing of construction debt associated with Smart Brickell II. Financing was provided by Camilo Niño, Ricardo Uribe, and Alen Hernandez of Linkvest Capital and closed May 12th.

Located at 259-267 SW 9th Street in the heart of Brickell, the Smart Brickell Luxe condo-hotel will total 192,422 square feet and feature a 23-story tower with 53 luxury condominium residences and 78 condo-hotel units. To date, 126 of the 131 units, approximately 96 percent of the project, have been pre-sold. Completion is slated for March 2028. The first two phases of Smart Brickell have been completed and successfully sold out.

Habitat Group broke ground on Smart Brickell Luxe in December 2024. Linkvest Capital’s financing includes an initial disbursement of $8.6 million to refinance the Smart Brickell Luxe land loan and construction loan for Smart Brickell II. The remaining $9 million will be allocated to fund the ongoing construction of Smart Brickell Luxe.

This marks the latest collaboration between Linkvest Capital and Habitat Group, who have partnered on more than six successful transactions since 2019. Some of the previous deals include the construction financing for Smart Brickell II, acquisition financing for El Vedado Condominium, and land acquisition for Millux Place.

“Over the years, we’ve built a strong relationship with Habitat Group and are proud to support their continued growth,” stated Camilo Niño, principal, Linkvest Capital. “Smart Brickell Luxe exemplifies the high-quality developments they’re known for—demonstrated by robust pre-sales and expert execution. We are thrilled to serve as their financial partner and look forward to seeing this final tower take shape.”

Smart Brickell Luxe is located just blocks from Brickell City Centre and Mary Brickell Village, surrounded by shops, restaurants and entertainment. The project is also conveniently located 10 minutes from Kaseya Center, 15 minutes from the Design District, 20 minutes from South Beach, and 25 minutes from Miami International Airport.

For more information on Linkvest Capital, please call (305) 523-6576, email [email protected], or visit www.linkvestcapital.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.

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