Resia exits planned Medley rental complex, new dev team enlarges project to over 1K units
Resia relinquished development of the Palmetto Station apartment complex in Medley to a real estate group that is enlarging the project to 1,152 units, The Real Deal has learned. Jose Gonzalez of GLC Real Estate, Ivan Herrera of Unicapital Asset Management Group and Alex Lastra of Desarrollo are now working on the workforce housing project at the Palmetto Metrorail station in Medley, Gonzalez said. The trio took over the project in the second quarter. The site, which the developers are leasing from Miami-Dade County under a 90-year term, is at 7701 Northwest 79th Avenue. In a statement, Resia confirmed it’s […]This article originally appeared on The Real Deal. Click here to read the full story.
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