Panther National is a 392-acre gated community located in Palm Beach Gardens, FL, featuring 218 residences along with additional villas and suites. At the heart of this community is an 18-hole championship golf course designed by Jack Nicklaus and Justin Thomas, complemented by a par-3 course and practice areas completed in November 2023.
Panther National offers an array of resort-style amenities. The community’s current real estate sales have surpassed $300 million, reflecting its appeal and attractive lifestyle.
The capital provided by SRT will be utilized for Phase II of the development, which includes the construction of:
- The remaining residences
- 60,000 square foot clubhouse featuring a fitness center, wine tower with wine bar, locker rooms, member lounges, and Michelin-inspired fine dining restaurants
- Health & Lifestyle Club, encompassing a European-influenced spa, racquet center, swimming pools and yoga studio
- Tour Golf Performance Center with fully air-conditioned hitting bays equipped with shot tracing technology and putting studio.
“We are excited to support Centaur as they continue to build a premier living and lifestyle destination in our home state of Florida,” said Brian Sedrish, CEO of SRT. “We believe that Panther National is poised to become a landmark luxury golf community in Palm Beach County, meeting the high demand for premium residential living. We look forward to seeing this visionary project come to life and to partnering with innovative developers like Centaur.”
“In our view SRT’s investment aligns well with Panther National’s needs, ensuring the project’s successful completion. Witnessing my vision come to life is a profound reward,” said Dominik Senn, Founder and President of Panther National. “Together, I believe we are setting a new standard for luxury golf communities in South Florida.”
SRT holds $60.0 million of the deal, while $100.0 million was syndicated to two affiliates.
About SRT
SRT was formed in 2023 to originate commercial real estate (“CRE”) debt investments in the Southern U.S. and provide capital to high-quality borrowers and sponsors with transitional business plans collateralized by top-tier CRE assets with opportunities for near-term value creation, as well as recapitalization opportunities. SRT intends to create a diversified investment portfolio, targeting first mortgages, B-notes, mezzanine loans and debt-like preferred securities across CRE asset classes. For additional information regarding the Company, please visit: www.theSRTgroup.com.
About Panther National
Panther National is the first modern golf and lifestyle community to debut in Palm Beach County in nearly two decades. Developed by founder and president Dominik Senn, Panther National combines 218 custom, modern estates designed by world-renowned architect Max Strang with a Jack Nicklaus and Justin Thomas signature championship golf course and premium community amenities and social facilities. For more information, visit www.panthernational.com.
Forward-Looking Statements
Certain statements contained in this press release, including those that express a belief, expectation or intention, as well as those that are not statements of historical fact, are forward-looking statements. The Company’s forward-looking statements are generally accompanied by words such as “intend,” “will,” “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “potential,” “plan,” “goal” or other words that convey the uncertainty of future events or outcomes. Statements, among others, relating to the anticipated completion of Phase II of the Project and the Company’s beliefs with respect to Panther National becoming a landmark luxury golf community in Palm Beach County, meeting the high demand for premium residential living, seeing this visionary project come to life and partnering with innovative developers like Centaur are forward-looking statements. Forward-looking statements contained in this press release speak only as of the date of this press release. The Company disclaims any obligation to update these statements unless required by law, and the Company cautions you not to rely on them unduly. The Company has based these forward-looking statements on its current expectations and assumptions about future events, which the Company considers reasonable. However, these forward-looking statements are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and beyond the Company’s control. Actual results and performance in the future could differ materially from those set forth in or implied by such forward-looking statements.
Investor Relations Contact:
Robyn Tannenbaum & Lana Ping
561-510-2293
ir@thesrtgroup.com
Media Contact:
Profile Advisors
Rich Myers & Rachel Goun
347-774-1125
srt@profileadvisors.com
Development Contact:
Panther National
Sharon Miller
215.435.0025
miller@panthernational.com
Development Media Contact:
C&R PR
Rachael Moss
504.717.1550
rachael@candrpr.com
