HFF secures $53.2 million construction loan for apartment complex in Miami

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HFF secured $53.2 million in construction loan for a 175-unit apartment community in Miami, ReBusinessOnline reported.

The project, dubbed The Bradley, is located at 51 N.W. 26th St. in Miami’s Wynwood neighborhood.

The developer is a joint venture between The Related Group and Block Capital Group. Designed by Kravitz Design, the complex will include a mix of one- to three-bedroom floor plans ranging from 480 to 1,000 square feet. It will also feature 32,000 square feet of ground-floor retail.

The developer has yet to disclose a construction timeline.

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