Fisher Brothers lands $118M Bain Capital refi for Wynwood apartment building
Fisher Brothers scored a $117.5 million refinancing from Bain Capital for a Wynwood apartment building completed last year. Private debt is a major financier for South Florida real estate, and the deal comes despite broader nationwide stress in the private credit market, as well as a regional multifamily oversupply. New York-based Fisher Brothers completed Joule House last summer with 308 apartments, a 26,000-square-foot Calle Collective retail, arts and culture hub, and 23,000 square feet of amenities, according to a news release. The eight-story building is at 2200 Northwest First Avenue in Miami. Boston-based Bain Capital’s bridge loan has a floating […]This article originally appeared on The Real Deal. Click here to read the full story.
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