Sub Markets

Property Sectors

Topics

Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Florida & Gulf Coast  + South Florida  + Apartments  | 
Cypress

Meyers Group Closes on Construction Loan for S. Florida Apartments

Meyers Group secured a $45 million construction loan, enabling the company to begin construction of a 200-unit apartment complex in the Cypress Creek area of Fort Lauderdale. It covers 2.2-acre site at 6210 N. Andrews Ave. The developer purchased the vacant property for $8 million in October 2025. Meyers Group filed development plans for the site in 2022.

The South Florida Business Journal reports the eight-story Avery Cypress Creek was approved for 200 apartments and 5,000 square feet of commercial space. Amenities will include a fitness center, pool and a courtyard.

It’s located near Interstate 95 and the Cypress Creek Tri-Rail Station. The neighborhood has many offices and the city approved the Uptown zoning to allow for more multifamily development.

Connect

Inside The Story

Meyers Group

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.

  • ◦Development
New call-to-action