Terra and New Valley nab $130M refi for northwest Miami-Dade multifamily project
Terra and New Valley landed a $129.7 million refinancing for Natura Gardens, a 460-unit apartment community in northwest Miami-Dade County. New York Life Insurance Company and an affiliate of Blackstone provided the loan for the complex at 17351 Northwest 94th Court near Hialeah, according to a statement from a Terra spokesperson. Keith Kurland and Michael Diaz with Walker & Dunlap arranged the refinancing on Terra’s behalf. The mortgage replaces a $127 million loan provided by an affiliate of MF1 Capital last year, the statement said. In 2023, Coconut Grove-based Terra, led by David Martin, and Miami-based New Valley, led by […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Landmark Woodstock Music Compound Where Rock Legends Like Bob Dylan and Ozzy Osbourne Shaped Their Careers Lists for $1.5 Million
Existing home sales outlook improves as mortgage rates stabilize
Attention Soul-Seekers—This Former Spiritual Retreat in Sedona Asks $23 Million
Forget Curb Appeal: This Is the New Focal Point Selling Homes Faster
Vermont’s Very Own ‘Eden’ Is a $6 Million Estate That Looks Like a Hallmark Movie Set
Be Our Guest! Award-Winning Galveston B&B Listed for $1.75 Million Seeks New Owners
Investors Are Scooping Up Discounted Townhomes in Texas—and They’re Cashing In on Surging Rents
Eli Manning Weighs In on Travis Kelce Retirement Rumors—Amid Reports Kansas City Chiefs Star’s Wedding Plans With Taylor Swift Are ‘On Hold’
Virginia’s New Governor Wants More Housing. Here’s What Would Help Most
Mickey Rourke Urges Fans To Seek Refunds From ‘Cruel’ $100K GoFundMe To Prevent His Eviction: ‘Get Your Money’
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131