FORT LAUDERDALE | Ombelle | 525 + 525 FT | 43 + 43 FLOORS

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Ombelle Fort Lauderdale Secures $50 Million Financing as Development Advances Through Pre-Construction

Ombelle Fort Lauderdale, a luxury residential development taking shape in the heart of Flagler Village, has secured $50 million in initial financing from Dwight Mortgage Trust, representing a portion of the anticipated $350 million construction financing. Developed by Dependable Equities, the project is part of a 1.4 million-square-foot mixed-use development shaping one of Fort Lauderdale’s fastest-growing neighborhoods.

The transaction was arranged by The SHB Group, led by Steven Hersko, managing director.

The financing was secured amid strong early sales activity and continued progress across pre-construction efforts, positioning the development for the next phase of execution.

The milestone comes as the development continues to advance through pre-construction, with site preparation activities underway, including initial groundwork and geotechnical investigations and site preparation work. The approach reflects a broader emphasis on thoughtful, intentional development from the earliest stages of the project.