The nine-story Wynwood 25 apartment building at 240 NW 25th St. in Miami's Wynwood Arts District. Courtesy photo
A recently completed office-apartment project in Miami's booming Wynwood Arts District just secured $136 million in refinancing to pay off construction loans.
The Wynwood 25 apartment building and adjacent Wynwood Annex office building opened last year.
Development team East End Capital, based in New York with a Miami office, and the Miami-based Related Group, founded and led by Jorge Perez, secured the loan from The Blackstone Group Inc.'s Blackstone Real Estate Debt Strategies.
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Lidia Dinkova
Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
