/
|
PMG, Lion Development Group and Marc Roberts Companies secured $215 million in construction financing for 38 West Eleventh Residences Miami, a 44-story, 659-residence condominium in Miami’s Park West neighborhood. Rising at 38 Northwest 11th Street and currently 99 percent sold, the property will offer fully furnished luxury residences along with short-term rental flexibility and an opportunity for owners to enjoy the ability to host guests 365 days a year on Airbnb. GoldenTree Asset Management provided financing. PMG Residential exclusively represents sales for 38 West Eleventh Residences Miami. The project is designed by Sieger Suarez Architects and the general contractor is John Moriarity & Associates. The project is slated for completion in Q1 2028.