Neology Life Development Group Recapitalizes Allapattah Multifamily With $31M Loan From Harbor Group International - Charles Foschini & Christopher Apone Represented The Deal

A recapitalization loan of $31,000,000 was secured by Neology Life Development Group for their multifamily property located at 1569 NW 17th Ave in Allapattah, Miami. The property consists of 192 units and is situated in a prime location within the market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $31,000,000
• Units: 192
• Address: 1569 NW 17th Ave, Allapattah, Miami
• Market: Allapattah, Miami

The recapitalization loan was provided by Harbor Group International. Representing Neology Life Development Group in the deal were brokers Charles Foschini and Christopher Apone from Berkadia. They played a crucial role in facilitating the transaction and ensuring its successful completion.