Trilogy scores $82M construction loan for Edgewater apartments
Trilogy Real Estate Group landed an $82.3 million construction loan for a planned multifamily tower in Miami’s Edgewater. Chicago-based Trilogy, led by president and CEO Neil Gehani, received the financing from Bank OZK, the South Florida Business Journal reported. The project, dubbed Edgewater 27, is slated for the 0.6-acre site at 2728 Northeast 2nd Avenue. Trilogy is a multifamily development and investment company with a portfolio that spans more than 14 cities. Trilogy’s Gehani is also the founder and owner of the Concours Club in Opa-locka, a members-only car club where entry costs $350,000, according to published reports. Trilogy bought […]This article originally appeared on The Real Deal. Click here to read the full story.
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