PMG, Lndmrk score $126M construction loan for Wynwood condos
PMG and Lndmrk Development landed $126 million in construction financing to build their short-term rental-friendly condo project in Miami’s Wynwood neighborhood. Madison Realty Capital and Siguler Guff provided the financing for the planned eight-story, 233-unit Twenty Sixth & 2nd Wynwood Residences at 2600 Northwest Second Avenue, according to a news release. Twenty Sixth & 2nd Wynwood Residences will have fully furnished studio and one-bedroom units that will also come with deeded office space in the building, the release shows. The developers tapped Boston-based architecture firm Cube 3 to design the project. Amenities in the building will include a rooftop pool, […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

Clara scores $102M refi for pricey Bay Harbour Islands apartment development

Steve Ross makes Miami Dolphins succession plan as he writes $10B South Florida real estate legacy

Brightline Miami station retail faces $65M foreclosure

Milestone sells complex near Zoo Miami for $109M amid cooling multifamily i-sales market

Prosper, European developer buy Miami River condo dev site for $50M

Inside the power struggle between PMG and a downtown Miami condo-hotel association

Fannie, Freddie tighten screws on condo buyers

South Florida’s top deals: Bal Harbour condo trades for $15M

Florida property insurance lawsuits decline

Florida consumers grow more cautious about spending

