Lujeni Corp., Camino Capital and Building Block Realty secure $115m in financing for apartments in Miami

A consortium comprising Lujeni Corp., Camino Capital Management and Building Block Realty announced that it has secured $115 million in financing for Metro Edgewater, a 279-unit, 32-story, recently completed, class A apartment tower located in the Edgewater neighborhood of Miami.

JLL worked on behalf of the borrower.

Metro Edgewater will feature spacious one-, two- and three-bedroom units averaging 955 square feet with balconies, walk-in closets, European-style unit finishes, nine-foot ceilings, stainless steel appliances, quartz countertops, and hardwood and plank vinyl flooring. Community amenities will include a hotel-style pool with cabanas and day beds, state-of-the-art fitness center, live-work club room, a sky lounge, a private dining room and a coffee bar.

The property is less than a 10-minute drive to Downtown Miami and Brickell, Miami’s Central Business District with over 30 million square feet of office space. Notable nearby employers include Citade