{"id":3828269,"date":"2024-08-25T09:00:00","date_gmt":"2024-08-25T13:00:00","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=3828269"},"modified":"2025-01-14T06:59:11","modified_gmt":"2025-01-14T11:59:11","slug":"pmg-greybrook-secure-178-million-for-society-wynwood","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/pmg-greybrook-secure-178-million-for-society-wynwood\/","title":{"rendered":"PMG & Greybrook Secure $178 Million For Society Wynwood"},"content":{"rendered":"\n

Premier national development firm PMG and Canadian-based private equity firm Greybrook have successfully secured a whopping $178 million in refinancing for Society Wynwood, the bustling apartment community in Miami\u2019s Wynwood Arts District. Arranged by Eastdil Secured, funds were managed by Ares Management and Monarch Alternative Capital. PMG was represented by Randy Barcelo of Stearns Weaver Miller. <\/p>\n\n\n

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Photo Credit: Society Wynwood<\/p>\n\n\n\n

Since Society Wynwood welcomed its first residents in March, the property has experienced an exponential leasing velocity. Featuring 318 rental apartments and a generous 50,210 square feet of retail space, the property captures residents, locals, and visitors alike across a full city block. The residential offerings present a mixture of traditional units built with efficiency in mind as well as the option for innovative co-living \u201cRent-by-Bedroom\u201d opportunities. The internal ground floor courtyard offers a vast variety of dining options for residents as well as guests. As a vibrant addition to the neighborhood, Society Wynwood serves as the perfect amalgamation between premier retail opportunities and contemporary living. <\/p>\n\n\n\n

The property boasts an extensive amenity package encompassing over 82,000 square feet of community-focused spaces. These centralized areas include a coworking hub, private conference rooms, and state of the art gym. Stepping outside, additional upscale amenities include a rooftop pool deck, outdoor gym, yoga terrace, theater lawn, hot tub, and grilling areas to enjoy a picturesque summer day. <\/p>\n\n\n

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Photo Credit: Society Wynwood<\/p>\n\n\n\n

Andrew Warman, Managing Director of Capital Markets at PMG, shares that \u201cit has been exciting to witness the building\u2019s positive reception since opening, and we\u2019re pleased to project that the property will be stabilized by spring 2025.\u201d Following the multibrand\u2019s overarching goal to create apartment communities, Society Wynwood presents the latest among PMG\u2019s growing portfolio of Society Living projects. With the recent opening of Society Orlando, additional Society Living properties have been announced in Brooklyn, Denver, Fort Lauderdale, Nashville, and more to come. <\/p>\n\n\n\n

For more on the latest in luxury real estate, visit www.hauteresidence.com<\/a>. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Premier development firm PMG and private equity firm Greybrook successfully secured $178 million in refinancing for Society Wynwood, the bustling apartment community in Miami\u2019s Wynwood. <\/p>\n","protected":false},"author":157,"featured_media":3828272,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1582,27698,16897,1],"tags":[37664,37665,37666,265,1278,34669,1580,2511,727,1370,1010,303,179,1401,1019,127,1023,167,247,37667,20105,37668,109,37669,37670,37671,37672,37673,37674,37675,13215,37676,37677,37678,16374],"class_list":["post-3828269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-developments","category-featured-hl-home-page","category-home_slide","category-news","tag-andrew-warman","tag-ares-management","tag-eastdil-secured","tag-florida","tag-florida-real-estate","tag-greybrook","tag-haute-residence","tag-interior-design","tag-luxury","tag-luxury-design","tag-luxury-estate","tag-luxury-home","tag-luxury-homes","tag-luxury-interior-design","tag-luxury-property","tag-luxury-real-estate","tag-luxury-residence","tag-miami","tag-miami-real-estate","tag-monarch-alternative-capita","tag-pmg","tag-randy-barcelo","tag-real-estate","tag-society-brooklyn","tag-society-denver","tag-society-fort-lauderdale","tag-society-living","tag-society-nashville","tag-society-orlando","tag-society-wynbrook","tag-south-florida","tag-stearns-weaver-miller","tag-wynbrook-miami","tag-wynbrook-real-estate","tag-wynwood"],"acf":[],"yoast_head":"\nPMG & Greybrook Secure $178 Million For Society Wynwood - Haute Residence by Haute Living<\/title>\n<meta name=\"description\" content=\"Premier development firm PMG and private equity firm Greybrook successfully secured $178 million in refinancing for Society Wynwood, the bustling apartment community in Miami\u2019s Wynwood. 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