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Florida & Gulf Coast  + South Florida  + Apartments  |  April 29, 2025
Hialeah apartment developer inks $105M financing
Mike Boyd
By: Mike Boyd

Hialeah Apartment Developer Lands $105M Financing

MG Developer secured $105 million in construction financing for Metro Parc South, a 347-unit multifamily community in Hialeah, Florida. A Slate Property Group subsidiary, SCALE, provided the new loan. 

Located at 954 & 934 E 25th Street, Metro Parc South will deliver a mix of studios, one- and two-bedroom apartments. Scheduled to break ground in Q2 2025, the community will be a part of the master-planned Metro Center project.  

Within Metro Center, MG Developer is also building Metro Station, a 55-unit transit-oriented multifamily community located at 2691 East 11th Avenue.   

The design and construction team for Metro Parc South includes Modis Architects and KAST Construction. 

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
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