Don't know who your neighbor is? There's an app for that. Property Markets Group secures an $80 million construction loan that'll fuel a technology-driven apartment tower in downtown Miami.
June 01, 2016 at 12:00 AM
1 minute read
A New York-based developer known for building luxury condominiums is diving into Miami’s apartment arena with a product catering to millennials.
Property Markets Group secured an $80 million construction loan from Centennial Bank for the unnamed rental portion of its 300 Biscayne project. PMG scored an additional $30 million preferred equity investment from New York-based Square Mile Capital LLC, the company announced.
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