Fisher Brothers lands $118M Bain Capital refi for Wynwood apartment building

Fisher Brothers scored a $117.5 million refinancing from Bain Capital for a Wynwood apartment building completed last year.  Private debt is a major financier for South Florida real estate, and the deal comes despite broader nationwide stress in the private credit market, as well as a regional multifamily oversupply.  New York-based Fisher Brothers completed Joule House last summer with 308 apartments, a 26,000-square-foot Calle Collective retail, arts and culture hub, and 23,000 square feet of amenities, according to a news release. The eight-story building is at 2200 Northwest First Avenue in Miami.  Boston-based Bain Capital’s bridge loan has a floating […]This article originally appeared on The Real Deal. Click here to read the full story.