Jenny Bernell’s Clearline scores $89M construction loan for 310-unit Wynwood apartment project
Jenny Bernell’s Clearline Real Estate scored an $89 million construction loan for a 310-unit apartment project in Wynwood. Clearline will start construction of the 12-story 2000 Wynwood on a 1.4-acre site at 2000 and 2010 North Miami Avenue and 2021 and 2025 Northwest Miami Court in Miami, according to records. Little Rock, Arkansas-based Bank OZK provided the $65.3 million senior loan, records show. PGIM Real Estate is the lender for the $24 million mezzanine loan, according to a source. Designed by Leo Daly Architects, 2000 Wynwood will consist of all market-rate apartments and 12,500 square feet of retail. Clearline bought […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

So Nice, He Bought It Twice! 2-Time Owner of Donald Wexler’s Original House in Palm Springs Lists the Iconic Home for $3.8 Million

Dallas housing market shows steady demand as inventory expands

Amy Duggar King Admits She Spent ‘Thousands’ on Outfits and Beauty Products To Look Good for Family’s Hit Reality Show

Bath Club condo asking $16M tops Miami-Dade luxe contracts
Miami has the world’s biggest housing bubble. Local experts reject that label

Washington, D.C. housing market steady as sellers keep edge

Publix bags another South Florida shopping center with $72M Kendall buy

NAR unveils new value proposition as it looks ahead

PHH Mortgage unveils revamped non-QM options

EXCLUSIVE: Sacked Penn State Coach James Franklin’s Former Nashville Home Lists for $3.3 Million—Will He Consider a Return to Tennessee?
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131