MIAMI | Terrazul | 10726 SW Seventh St. | 250 FT | 22 FLOORS

[Altoic]

JV Secures $147M Loan for Florida Student Housing Project
https://www.multihousingnews.com/jv-secures-147m-loan-for-florida-student-housing-project/

A joint venture between Adam America Real Estate and JW Capital Management, along with their equity partner, ARBS Real Estate USA Holdings, have secured $147 million in construction financing for the development of a 932-unit, 1,201-bed student housing development near Florida International University (FIU) in Sweetwater, Fla. The project is slated to deliver in the fall of 2024.

Designed by Niles Bolton Associates, the 22-story development will offer a mix of studios and one- to three-bedroom units, with shared common area and a private room for each student. Community amenities include 15,442 square feet of street retail, study and conference rooms, library and lounge areas, a gym and a pool. A total of 647 parking spaces will also be available.

https://www.emporis.com/buildings/1610612/10726-sw-7th-street-sweetwater-fl-usa - 250 FT according to emporis.



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