JPMorgan, Canyon Lend $118M on Fisher Brothers’ Wynwood Development
Sounds like a Wyn-ner for the Nichols Architects designed project!
Wynhouse by Nichols Architects
Fisher Brothers has sealed $117.5 million in construction financing for Wynhouse Miami, the New York-based firm’s new multifamily and retail development in Miami’s Wynwood neighborhood, Commercial Observer has learned.
JPMorgan and Canyon Partners were the lenders on the deal, while Walker & Dunlop’s Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Mo Beler, Michael Diaz and Michael Ianno negotiated the debt.
“We are excited to take this important next step towards bringing Wynhouse Miami, a design-forward, leading multifamily project, to Wynwood,” Winston Fisher, partner at Fisher Brothers, said in a statement. “Wynhouse Miami meets the evolving needs of this thriving and energetic neighborhood and we are grateful to our partners for embracing our vision and bringing this development to life.”
The new development, at 2200 NW First Avenue, will include 308 studios and one- and two-bedroom apartments across eight stories. Its amenity package will feature a rooftop pool and lounge, while its retail component will comprise 24,000 square feet with room for 10 stores.
Designed by Coral Gables-based Nichols Architects, Wynhouse Miami sits next to a Florida Power & Light substation, and will feature a number of environmentally friendly components, including rooftop solar panels and electric vehicle charging stations.
Wynhouse by Nichols Architects
Read on >>> Commercial Observer https://commercialobserver.com/2023/07/fisher-brothers-wynwood-jpm-canyon-wd/