L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Investment Advisers and co-investor Claure Group, announced a $335 million refinancing of Wynwood Plaza, their recently completed mixed-use campus at 95 NW 29th Street in Miami’s Wynwood Arts District.
L&L and Oak Row will utilize the proceeds from the bridge loan to retire its original construction financing and fund the balance of its office and residential leasing costs. The floating rate loan was issued by funds managed by Blue Owl Capital.
Completed in October 2025, the one million-square-foot urban campus is anchored by a luxury apartment community with 509 units and a 266,000-square-foot Class AAA office tower that rises 12 stories.
Walker & Dunlop Capital Markets Institutional Advisory’s Dustin Stolly led a team that arranged the loan on behalf of ownership. Ownership was represented by L&L’s Yong Cho, Susan Raffo and Jake Dersovitz.
Howard University announced the groundbreaking of The Hazel, a 525,000-square-foot, 11-story multi-family building that will include 504 residential units, approximately 15,000 square feet of retail space, and 246 below-grade parking spaces in D.C.’s Shaw district. The development team includes Lowe, Affinius Capital, FLGA and Davenport Group. The Hazel is a major development for Howard University...
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Ontario Finance Minister Peter Bethlenfalvy told the legislature Thursday that the province’s response to economic uncertainty is to “build, and to build together.” But the Fall Economic Statement he delivered forecasts considerably less building than the government expected just six months ago. Ontario now projects 65,100 housing starts in 2027, down from 70,300 in its...
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Five major Canadian banks are financing a 917-unit rental development in Etobicoke, where construction is now underway on a site previously planned for condominiums. CBRE Capital arranged the conventional, uninsured construction financing for EllisDon Developments and Windsor Private Capital’s two-tower project at 80–90 Fieldway Rd., near Kipling station. The LiUNA Pension Fund is also an...
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