Jenny Bernell’s Clearline scores $89M construction loan for 310-unit Wynwood apartment project
Jenny Bernell’s Clearline Real Estate scored an $89 million construction loan for a 310-unit apartment project in Wynwood. Clearline will start construction of the 12-story 2000 Wynwood on a 1.4-acre site at 2000 and 2010 North Miami Avenue and 2021 and 2025 Northwest Miami Court in Miami, according to records. Little Rock, Arkansas-based Bank OZK provided the $65.3 million senior loan, records show. PGIM Real Estate is the lender for the $24 million mezzanine loan, according to a source. Designed by Leo Daly Architects, 2000 Wynwood will consist of all market-rate apartments and 12,500 square feet of retail. Clearline bought […]This article originally appeared on The Real Deal. Click here to read the full story.
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