TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
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SFNet's Inaugural YoPro Leadership Summit
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It’s a Marathon, Not a Sprint
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It’s Not Too Late – Five Member Benefits to Cash In On Now
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It’s Time To Break Up With Your Phone
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Lien Management – What You Need to Know
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Potential Impacts of Blockchain on Commercial Lending
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How to be a Good Leader
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
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A Commercial Banker’s Tickler Transition Plan
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
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Selecting a Technology Vendor: 3 Questions to Ask
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Why Back-Office Lending Automation Enhances Customer Satisfaction
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The Lost Art of the Loan Purchase
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Audit Prep: Why a Paperless Approach Makes Sense
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Back Office Support Services: Helping you approve more clients
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
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Paper Loan Files: Does Your Bank Know the True Cost?
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July 9, 2025
Source: BHI
NEW YORK, July 10, 2025 – BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, announced that it has closed on a $50 million construction loan with Southern Land Company to develop Capella, a 22-story, 272 unit apartment complex in the Symphony Park District of Las Vegas.
The subject property, located at the northwest corner of Promenade Place and Symphony Park Avenue will also feature a five-story, 151,900 sq. ft. parking garage and 17,626 sq. ft. of retail space.
Capella’s unit mixture will consist of 55 studios, 126 one-bedroom units, 91 two-bedroom units, and 23 penthouse units. Unit amenities include high-end finishes with pendant lighting, quartz countertops, stainless steel appliances, smart home technology, and movable islands. Project amenities include a resident lounge, concierge services, fitness center, yoga studio, wellness center, saunas, steam rooms, a co-working lounge, dog run, bike storage and tune-up shop, rooftop swimming pool, spa, pool lounge with outdoor bar, TVs, and grills.
The project’s sponsor, Southern Land Company, is a national full-service real estate developer headquartered in Nashville, Tennessee. SLC specializes in master-planned, single-family, multifamily, mixed-use, and hospitality developments created by a diverse team of industry-leading, in-house experts.
This property is SLC’s third building in Symphony Park; their first, known as Auric, features 324 units and was completed in 2021 and their second, known as Bria, will consist of 275 units when completed (estimated for Q4 2025).
“Expanding our real estate portfolio across the western U.S., especially in high-growth markets like Las Vegas, is central to our long-term lending strategy,” said Brian Jurczak, First Vice President, Commercial Real Estate Lending at BHI. “Our team is focused on deploying capital where we see sustained value and we’re proud to partner with the team at Southern Land Company to deliver more compelling inventory to this market.”
About BHI
BHI, the U.S Branch of Bank Hapoalim, B.M., Israel's leading financial institution, provides commercial banking solutions to middle market clients in sectors including commercial real estate; general, domestic and Israeli C&I; private equity; food and beverage; apparel; healthcare; corporate banking; and high-tech. In addition to its New York headquarters, the bank operates U.S. Representative Offices in Woodcliff Lake, New Jersey; Miami, Florida; and Los Angeles, California. For more information, visit www.bhiusa.com.
