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Financing Transformative Development

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Longline Financial, a leader in real estate credit solutions, has provided $67.5 million in acquisition and preconstruction financing for the high-profile purchase of the Best Western On The Bay Inn & Marina and Shucker’s Waterfront Bar & Grill site in North Bay Village, Florida.

The 2.31-acre site, acquired by Continuum Co. for $75 million, represents a significant milestone for the North Bay Village neighborhood. This property, which currently features a 127-room hotel, restaurant, and marina, is poised for a transformative redevelopment. Continuum Co. has announced plans for a mixed-use development that will include luxury condominiums, hotel services, a wellness center, a private club, multiple restaurants, and a marina, all while maintaining the site’s reputation for accessible waterfront dining.

Continuum on the Bay

Jeremy Herman, Director at Longline Financial, commented, “We are proud to support Continuum Co. in this exceptional project that highlights Longline’s commitment to providing tailored financing for transformative real estate opportunities. This development aligns with our focus on strategic investments that drive long-term value for communities and stakeholders alike.”

This marks another successful transaction showcasing Longline’s ability to deliver customized financing solutions for high-impact projects across key markets.

"This development aligns with our focus on strategic investments that drive long-term value for communities and stakeholders alike.”
Jeremy Herman – Director, Investments

About Longline Management

Longline Management, LLC is an investment holding company based in Atlanta, GA. Founded in 2019, Longline invests in real estate and hard assets, related credit strategies and select operating companies. Longline invests nationally with a focus on the Southeast U.S. Since inception Longline has invested $500 million of equity across its platform on behalf of institutional and individual investors and for its own account.  www.longlinemgmt.com

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