Nexos Invest Expands Lending Capabilities to Support Real Estate Growth in Florida
4 Articles
4 Articles
MG Developer Obtains $105M Construction Loan for Multifamily Development in Hialeah, Florida
HIALEAH, FLA. — MG Developer has obtained a $105 million construction loan for Metro Parc South, a 347-unit apartment community located at 954 and 934 E. 25th St. in Hialeah, a suburb of Miami. The multifamily project will be part of MG Developer’s 2.3 million-square-foot Metro Center master project that also includes the 10-story Metro Parc tower, the 55-unit Metro Station and the 620-unit Metro Parc North community. New York-based SCALE Lendin…
Nexos Invest Expands Lending Capabilities to Support Real Estate Growth in Florida
Nexos Invest strengthens its lending operations, aiming to support Florida's booming real estate market and fuel continued growth and development. AVENTURA, FL, UNITED STATES, April 30, 2025 /EINPresswire.com/ -- Nexos Invest, a leading mortgage lender in Miami, FL, has expanded its suite of loan offerings to meet increasing demand for real estate investment financing across Florida. This development includes enhanced access to short-term soluti…
MG Lands $105M Construction Loan Miami-Dade Resi Development
MG Developer has secured a $105 million construction loan from SCALE Lending for a transit-oriented multifamily development in Miami-Dade County. Called Metro Parc South, the project is set to house 347 apartments at 954 and 934 East 25th Street in Hialeah, two blocks east of a Tri-Rail and Metrorail station. The Coral Gables-based developer purchased the 1.1-acre site for $10.5 million last year, according to property records. Even as interest…
Hialeah Apartment Developer Lands $105M Financing
MG Developer secured $105 million in construction financing for Metro Parc South, a 347-unit multifamily community in Hialeah, Florida. A Slate Property Group subsidiary, SCALE, provided the new loan. Located at 954 & 934 E 25th Street, Metro Parc South will deliver a mix of studios, one- and two-bedroom apartments. Scheduled to break ground in Q2 2025, the community will be a part of the master-planned Metro Center project. Within Metro Cent…
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