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Miami-based Ciprés, in partnership with veteran South Florida-based developer Rilea Group, has secured $90 million in construction financing for The Rider Residences, a highly anticipated luxury boutique condominium now under construction at the crossroads of Miami’s Wynwood, Midtown, Edgewater, and Design District neighborhoods.

The loan, provided by Mexico-based Banco Inbursa, will fund the ongoing development of the 12-story project, which will encompass 146 turn-key residences, 11,000 square feet of retail, resort-style amenities, and a bold design that reflects sophisticated urban living in Miami.

Following the project’s groundbreaking in February, vertical construction is expected to commence in the coming months, with delivery slated f

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