Churchill Lends 0M For North Miami Multifamily Project
Despite interest rate hikes, the South Florida building scrum continues. Omega Real Estate Management landed $100 million to construct a multifamil...
Despite interest rate hikes, the South Florida building scrum continues. Omega Real Estate Management landed $100 million to construct a multifamily property in North Miami, according to the brokerage that negotiated the loan. The Miami-based developer will break ground next week on the nine-story building with 358 rental units and 1,100 square feet of ground-floor retail. The apartment building is the first phase of a mixed-use development, dubbed The Garden District, that will also include an office component, spanning 36,000 square feet, and a food court.