Real estate investment platform CrowdStreet announced an offering for a ground-up mixed-use multifamily development in one of Miami’s most sought-after neighborhoods.
In the heart of Miami’s Wynhouse neighborhood, just minutes north of downtown and Miami Beach, is the site of what will become a Class A, 308-unit multifamily development. Acquired in 2021, the property will be transformed into a highly amenitized, eight-story building with ground-floor retail. The residential unit mix will include 71 studios, 185 one-bedroom and 52 two-bedroom units.
Following a projected 24-month construction timeline, development sponsor The Fisher Brothers anticipates leasing the property at a rate of 26 units per month and project ...
Full story available on Benzinga.com
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In the heart of Miami’s Wynhouse neighborhood, just minutes north of downtown and Miami Beach, is the site of what will become a Class A, 308-unit multifamily development. Acquired in 2021, the property will be transformed into a highly amenitized, eight-story building with ground-floor retail. The residential unit mix will include 71 studios, 185 one-bedroom and 52 two-bedroom units.
Following a projected 24-month construction timeline, development sponsor The Fisher Brothers anticipates leasing the property at a rate of 26 units per month and project ...
Full story available on Benzinga.com
Continue reading...