Walker & Dunlop has arranged $238.41 million for the refinancing of Forma Miami, a newly built, class A+ multifamily building located in the Edgewater neighborhood of Miami.
Forma Miami features 588 luxury residences with a mix of studio to three-bedroom units, enhanced by condominium-level finishes, a bespoke collection of art, and over 85,000 square feet of activated indoor and outdoor amenities. The property also features Edgewater’s first Whole Foods Market, occupying more than 50,000 square feet at the base of the property.
“Forma Miami is one of the best new high-performing multifamily assets in all of South Florida,” said Aaron Appel, senior managing director at Walker & Dunlop. “With record-setting rents and an unparalleled amenity offering, Crescent Heights has set the new standard for luxury rental product in the Miami market. We are grateful to partner with both Crescent Heights and Freddie Mac on this impressive financing.”
Bruce A.
