SoLeMia Miami — a North Miami development that’s set to include residences, restaurants, shops and hotel — is a step closer to fruition after Wells Fargo & Co. issued a $101 million loan for part of the first phase.

The loan to Aventura-based SM Multifamily LLC is for construction of two 17-story apartment buildings with nearly 400 units combined, an attached parking garage and a multitude of amenities that will be built into the towers.