Terra Group has secured a $230M construction loan for the first phase of its mixed-use CentroCity project in Little Havana near Miami International Airport.

The loan from Apollo Global Management and Mack Real Estate Credit Strategies, arranged by Walker & Dunlop, will cover the construction—now underway—of three eight-story apartment buildings encompassing 470 unit, 350K SF of retail space and a Mater Academy charter school.

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Jack Rogers

 

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