MG Developer secured $105 million in construction financing for Metro Parc South, a 347-unit multifamily community in Hialeah, Florida. A Slate Property Group subsidiary, SCALE, provided the new loan.
Located at 954 & 934 E 25th Street, Metro Parc South will deliver a mix of studios, one- and two-bedroom apartments. Scheduled to break ground in Q2 2025, the community will be a part of the master-planned Metro Center project.
Within Metro Center, MG Developer is also building Metro Station, a 55-unit transit-oriented multifamily community located at 2691 East 11th Avenue.
The design and construction team for Metro Parc South includes Modis Architects and KAST Construction.
The post Hialeah Apartment Developer Lands $105M Financing appeared first on Connect CRE.
