Fisher Brothers Obtains $117.5M Refi for Wynwood Apartments

Fisher Brothers secured a $117.5 million refinancing from Bain Capital for Joule House, a Wynwood residential community. 

Rising eight stories at 2200 NW 1st Avenue, Joule House offers a mix of studio, one-, and two-bedroom layouts, along with select two- and three-bedroom penthouses ranging from 985 to 1,400 square feet. Spanning 23,000 square feet, the project includes indoor and outdoor amenities across three levels including a heated pool, a jacuzzi, a barbecue area, a game lounge, an outdoor garden, a fitness center, an outdoor yoga space, a coworking center, a demonstration kitchen, and a game room. Monthly rental rates begin at $2,512.

Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Michael Diaz, Michael Ianno, Christopher de Raet, and Edward Leboyer of Walker & Dunlop Capital Markets Institutional Advisory represented Fisher Brothers in this transaction.

Fisher Brothers currently owns and operates commercial, residential and experiential retail assets in Las Vegas, Miami, New York City and Washington, D.C.