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Terra Closes on $127 Million Refinancing Loan for Natura Gardens Development

February 14, 2024

Terra and New Valley, the development partners behind Natura Gardens, a new multifamily community in Northwest Miami-Dade County, have secured $127 million in permanent financing for the development. The loan, issued by an affiliate of MF1 Capital, will be used to pay off and refinance an existing $65 million construction loan, which was provided in 2021 by Bank OZK. Completed in Summer 2023, Natura Gardens includes 460 garden-style rental apartments across 23-acres in Miami’s West Hialeah neighborhood.

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In Development, Features, News & Features, News, Amenities, Architecture, Banking, Business, Capital Markets, Commercial, Finance & Banking, Haileah, Hialeah, Invest, Investment News, Leasing, Miami Gardens, Multifamily Tags Natura Gardens, Multifamily, Development, News & Features, Featured, Terra, New Valley, News, David Martin, Walker and Dunlop, Keith Kurland, Aaron Appel, Adam Schwartz, Jon Schwartz, MF1 Capital, Venus Williams, V Starr Interiors, Pascual Perez Kiliddjian Architecture, Michael Diaz, Bank OZK
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