Townhome development in Opa-locka secures $19 million construction loan

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DWNTWN Realty Advisors says it has arranged a $19 million construction loan for a townhome development in Opa-locka.

Redwood National Properties, in a joint venture with Winston Capital Partners, plans to build 112 four-bedroom, two-and-a-half-bathroom units on the 10-acre site located at 1719 NW 143rd St.

The development will consist of 23 separate four and five-unit buildings. The community will be gated, lakefront, and each unit will feature contemporary finishes, high-impact windows and lake views.

Coastland Construction is the builder, and the project is expected to be completed in early 2022.

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