Craig Robins’ Dacra, partners score $125M construction loan for Design District apartment project

107-unit joint venture development includes Hunter Pasteur and The Forbes Company.

Lidia Dinkova
06.18.25

Craig Robins’ Dacra, partners score $125M construction loan for  Design District apartment project

Craig Robins of Dacra, Randy Wertheimer of Hunter Pasteur and Nathan Forbes of The Forbes Company with a rendering of the Cassi apartment project in the Miami Design District (Dacra, Power Connections Conference, Rogel Cancer Center)

Craig Robins’ Dacra and its partners landed a $125 million construction loan for a 107-unit apartment project in the Miami Design District.

The deal marks continued flow of financing for South Florida multifamily development, despite a slowdown of leasing and plateauing –– and even slightly declining rents –– compared with recent years’ bonanza.

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