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| Lissette Calderon |
MIAMI, FL – Trez Capital, a private real estate lender helping to build better communities across North America, funded a $78,197,393 construction loan for a 323-unit mid-rise apartment building in Miami’s emerging Allapattah neighborhood.
The
borrower is Neology Life, a development company led by Lissette Calderon,
who has focused her work transforming the Miami River district.
 |
| Ben Jacobson |
Trez Capital Managing Director Ben Jacobson originated the loan, which closed on October 12, 2021. Construction has already begun, with the project set to be delivered in mid-2023.
Allapattah sits just northwest of
downtown Miami and abuts the famed Wynwood district to the east, offering easy
access to major highways and employment centers.
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| Julia Tuttle |
The 12-story project, known as The Julia, is located at 1625 NW 20th St. The name pays homage to Julia Tuttle, known as the “Mother of Miami”, who is credited with being the only female founder of a major American city.
The building will feature a mix of one- and two-bedroom units ranging in size from 586 square feet to 892 square feet.
Residents will have access to a host of amenities including a pool with cabanas, rooftop garden with outdoor living, fitness and wellness center, coffee bar, dog park and virtual concierge.
Rendering of The Julia Allapattah, a planned
323-unit mid-rise apartment building in
Miami’s emerging Allapattah neighborhood
“Lissette
Calderon is a pioneering developer who has been extremely successful
revitalizing the Miami River district and now breathing new life into Allapattah,
one of Miami’s oldest neighborhoods,” Jacobson said.
“We are delighted to partner on this exciting project by providing financing for a development that is sure to capture intense interest from the public.”
CONTACT:
BoardroomPR
Eric Kalis
Todd Templin
954-370-8999
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