With completion on the horizon, Riva is turning heads and generating excitement in Fort Lauderdale. Read a feature mention from the December issue of Cold Coast Magazine.
The show-stopping views from the terraces on the 15th and 16th floors can’t help but draw the eye, but what’s inside the penthouse condominium at Riva also counts.
With closings scheduled to begin this fall, Riva in Fort Lauderdale is offering buyers the chance to put down 20 percent at contract, compared to the 40 to 50 percent deposit requirements at other South Florida condominiums. The luxury project on the Middle River is comprised of only 100 two and three-bedroom residences, starting at $748,000.
South Florida Luxury Guide, the definitive resource guide for luxury living in South Florida, named Riva Fort Lauderdale as one of the hottest new projects on the horizon in its latest issue. Highlighting the incredible waterfront lifestyle and amenities, the publication calls Riva a “haven for water lovers.”
If you’re looking to live an active marine lifestyle that literally begins at your doorstep, there’s a growing trend in the Fort Lauderdale housing market that might be for you. A spate of luxury “boutique” condominiums are being built on the water with dockage space included for residents.
Stretching 15 stories into the sky, the Riva condo building is among latest additions to Fort Lauderdale’s luxury apartment scene. However, one of its residences is unlike most of what the city offers. Dubbed the “River Loft,” the four-bedroom, four-and-a-half bathroom apartment occupies two stories of prime waterfront real estate in Fort Lauderdale.
Premier Developers has obtained a $65 million construction loan to finance completion of its Riva condo in Fort Lauderdale. Construction is currently about two-thirds complete (the building topped out last month) and is expected to finish in September.
Madison Realty Capital (MRC), an institutionally-backed real estate investment firm focused on real estate equity and debt investments in the middle markets, provided a $65.0 million construction loan to finance completion of the Riva condominium development in Fort Lauderdale, FL.