City of Miami Gardens and The Latigo Group Break Ground on Multi-Family Residences
May 9, 2018
South Florida Caribbean News
With gold shovels and smiling faces, City of Miami Gardens Mayor Oliver Gilbert, Councilman Reggie Leon, Councilwoman Lillie Odom, Councilwoman Katrina Wilson, and City Manager Cameron Benson joined The Latigo Group at 2:00pm on Monday (Oct. 7) afternoon, despite the pouring rain, for the much anticipated groundbreaking ceremony of Center at Miami Gardens, a market-rate multi-family rental development.
Los Angeles developer Latigo Group bought the roughly 8-acre property at 2150 Hillcrest Drive in Thousand Oaks for around $25.5 million, or about $3.1 million an acre, on March 28, according to CoStar data and public records. The developer aims to build a 333-unit, luxury apartment development on the site as part of a mixed-use project, Mark Maron, its co-founder and managing partner, told CoStar News.
JLL Capital Markets announced today it secured a senior construction loan and preferred equity totaling $61 million in financing for the Infield Apartments, a multi-housing development located in Kissimmee, Florida, just south of Orlando.
The Pomelo Apartment Community Will Provide Area Renters A Resort-Level Lifestyle Of Premium Amenities Along With Beautiful Home Interiors.
