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ACRE Lands $123M to Build Second Miami Rental

Asia Capital Real Estate (ACRE) secured $123 million in financing to build a second multifamily development in Miami’s Upper Eastside neighborhood, property records show. Canyon Partners provided the floating-rate debt for Adela II at MiMo Bay at 685 Northeast 64th Street, just south of Legion Park

Source: Commercial Observer

Asia Capital Real Estate (ACRE) secured $123 million in financing to build a second multifamily development in Miami’s Upper Eastside neighborhood, property records show. Canyon Partners provided the floating-rate debt for Adela II at MiMo Bay at 685 Northeast 64th Street, just south of Legion Park near Biscayne Boulevard in the MiMo Biscayne Boulevard Historic […]

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