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Terra Closes on $127 Million Refinancing Loan for Natura Gardens Development

February 14, 2024

Terra and New Valley, the development partners behind Natura Gardens, a new multifamily community in Northwest Miami-Dade County, have secured $127 million in permanent financing for the development. The loan, issued by an affiliate of MF1 Capital, will be used to pay off and refinance an existing $65 million construction loan, which was provided in 2021 by Bank OZK. Completed in Summer 2023, Natura Gardens includes 460 garden-style rental apartments across 23-acres in Miami’s West Hialeah neighborhood.

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In Development, Features, News & Features, News, Amenities, Architecture, Banking, Business, Capital Markets, Commercial, Finance & Banking, Haileah, Hialeah, Invest, Investment News, Leasing, Miami Gardens, Multifamily Tags Natura Gardens, Multifamily, Development, News & Features, Featured, Terra, New Valley, News, David Martin, Walker and Dunlop, Keith Kurland, Aaron Appel, Adam Schwartz, Jon Schwartz, MF1 Capital, Venus Williams, V Starr Interiors, Pascual Perez Kiliddjian Architecture, Michael Diaz, Bank OZK
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OKO and CAIN International Lock Down $128 Million Construction Loan For Una Residences

OKO Group and CAIN International Lock Down $128.3 Million Construction Loan For Una Residences

April 21, 2021

OKO Group and Cain International have secured $128.3 million in construction financing for Una Residences. The senior debt, which was provided by Bank OZK, will fund the ongoing development of the 47-story luxury condo tower, which broke ground in May 2020 and has over $75 million in sales over the past four months.

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In Commercial, Construction, Construction News, Construction Update, Development, Development News, Development Sales, Finance & Banking, Brickell, Invest, Investment News, News, News & Features, Residential, Luxury Real Estate Tags Una Residences, Una, News, News & Features, Investment News, Invest, Commercial, Banking, Financing, Finance, Finance & Banking, Bank OZK, Construction Loan, Construction News, Construction Update, Construction, Development News, Development, Residential, Development Sales, April 2021 1, April 2021, Brickell, Walker and Dunlop, Walker & Dunlop, Keith Kurland, Aaron Appel, Adam Schwartz, Michael Diaz, Sean Bastian, Weil Gotshal & Manges, King & Spaulding, Vladislav Doronin, OKO Group, Cain International, AS+GG, Adrian Smith + Gordon Gill Architecture, Sales Update, Luxury Real Estate
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