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Miami Apartment Towers by Namdar Group

Sector: Advanced Electronics • Location: Miami, Florida, United States

Source: Bisnow

Project
Under Construction

Namdar Group secured a $460 million loan for the construction of two 43-story multifamily towers in Downtown Miami, totaling over 1,000 apartments. The first tower at 55 NE Second St. with 680 units is nearly complete with a temporary certificate of occupancy expected early next year. The second tower at 50 NE Third St. with 714 units is expected to be delivered in spring 2028. The project include

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The project “Miami Apartment Towers by Namdar Group” is an infrastructure initiative in the Advanced Electronics sector, located in Miami, Florida, United States. Taiyo aggregates data on it from Bisnow.

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Participants

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under construction

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Description

Description

Namdar Group secured a $460 million loan for the construction of two 43-story multifamily towers in Downtown Miami, totaling over 1,000 apartments. The first tower at 55 NE Second St. with 680 units is nearly complete with a temporary certificate of occupancy expected early next year. The second tower at 50 NE Third St. with 714 units is expected to be delivered in spring 2028. The project includes amenities such as a gym, golf simulator, movie room, coworking space, basketball court, bowling alley, parking garage, and retail space.

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Source reliability

High

Data quality score

100%

Source

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URL

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