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Melo Group nabs $63M loan for Miami Plaza apartments

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Melo Group closed on a construction loan for Miami Plaza, a 36-story tower in Miami’s Arts & Entertainment District, property records show. BB&T Bank is the lender on the $62.7 million loan for the.

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One month after ASRR Capital announced plans to build a massive 1.7 million-square-foot complex on a block-long swath of land in Miami’s Arts &.

Micro units may not be worth the hype, according to prominent apartment developers in Miami. "The cost of land in the city makes the price per unit the same regardless of size," said Carlos Melo, a principal of the Melo Group, during a panel discussion on millennial living hosted by Bisnow on Wednesday.

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On the Market: 5 Interesting Listings for the Week of 3/6 The most recent listings include a centrally located ’60s hollywood asset and a recently upgraded property just steps from Cornell University.

Melo Group has obtained rezoning needed to build another apartment project in Miami’s urban core. On Monday (7/31), Miami’s Planning, Zoning and Appeals Board granted approval for a rezoning of the property, despite a recommendation to deny by city staff. The project is named Miami Plaza.

About 451 NE 35th St Miami, FL 33137. At 451 NE 35th St in Miami, experience fine living. The address for this community is in the 33137 area of Miami. Here at this community, the professional leasing team will be ready to help you find your perfect apartment. Schedule a time to see the current floorplan options. Stop by to schedule a tour.

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23 Biscayne Bay – 601 NE 23 Street, Miami, FL 33137. Condos for Sale and Rent in Edgewater. My Favorites. 0. EN RU ES EN Miami Neighbourhoods. 23 Biscayne Bay apartments for sale and rent. 601 NE 23 Street, Miami, FL 33137 .. Melo Group; 23 Biscayne Bay Condos for Sale and Rent in.