Post Road Group Provides $148M Construction Loan For 560-Unit Multifamily In Hialeah

The multifamily property located at 980 E 26th St in Hialeah has recently undergone a closed transaction. The property features a total of 560 units, making it a significant investment opportunity in the market.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $148,000,000
• Lender: Post Road Group
• Landlord: MG Developer - Alirio Torrealba; Baron Property Group - Matt Baron
• Loan Type: Construction Loan

The lender responsible for financing this transaction is the Post Road Group. On the landlord side, the property is owned jointly by MG Developer, represented by Alirio Torrealba, and Baron Property Group, represented by Matt Baron. The loan amount for this deal is $148,000,000, provided as a construction loan.