TREO Group Inks $132M Financing for University of Miami Student Housing
Ocean Bank provided $132 million to affiliates of The TREO Group LLC for the student-oriented housing VOX I and VOX II near the main campus of the University of Miami.
VOX I and II have 262 apartments starting at one bedroom and one bathroom to four-bedroom, four-bath units with a total of 726 beds. The two-building complex offers two rooftop terraces, pools, outdoor summer kitchen, five fitness areas and more than 20 study lounges.
Located at 7025 and 7175 SW 59th Avenue, VOX includes 15,682 square feet of retail adjacent to The Underline linear park.
The projects include over 20 study rooms, 5 fitness areas, 4 grilling areas, 3 tanning lounges, 2 rooftop terraces, 24/7 private access to a market and 300 feet from the metro.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout