McDowell Housing Partners To Build $65 Million Affordable Senior Housing
The project is expected to be completed in the summer of 2027.
The project is expected to be completed in the summer of 2027.
Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson and Matt Robbins, and Vice President Hugo Hernandez of Berkadia Miami and Boca Raton secured the financing on behalf of the multifamily owner/operator.
The 15,372-square-foot building sold for $223 per square foot.
Completed between 2024 and 2025, the property comprises 420 units, offering a mix of studios, one-, two- and three-bedroom layouts, and townhomes.
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The property is currently available for sale or joint venture partnership, represented exclusively by Michael D. Hinton, CCIM, of Lee & Associates South Florida.
Kripalani and Fernandez join C&W from Colliers.
The new company brings together decades of experience and billions in real estate transactions under one roof, positioning itself as a “one-stop shop” for clients seeking top-tier commercial brokerage expertise across Florida.
The site currently has a 42,992-square-foot office built in 1990 and a 67,350-square-foot office constructed in 1998.
The 10-acre site features 43 professional courts, including the world’s first dedicated pickleball stadium, 14 weatherproof courts, a pro shop with an outdoor bar, locker rooms, and a recreational beach area, along with 4,000 square feet of event space with food and beverage options.
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