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Billionaire Carlos Slim Finances 80-Story Cipriani Miami Condo
Mast Capital, developers of the 397-unit Cipriani Residences Miami, have raised $600 million from lenders including Carlos Slim’s Banco Inbursa. The construction loan, one of the largest in the state’s history, is also being provided by Ascendant Capital Partners to finance the 80-story tower, according to a statement from Mast.
“At the heart of our philosophy lies a profound commitment to uplift and positively transform lives. Every endeavor we undertake isn’t just about building spaces – it’s about weaving dreams, aspirations, and potentials into the fabric of communities.”
Camilo Miguel Jr., CEO