AMLI Doral Receives Financing
HFF secured financing for the 352-unit AMLI Doral apartment community on Doral Boulevard.
By Balazs Szekely, Associate Editor
Doral, Fla.— AMLI Doral, a 352-unit, Class AA, garden-style apartment community in Doral, received $56.9 million in financing. An HFF team led by Senior Managing Director Matt Kafka and Associate Director Scott Wadler placed the seven-year, fixed-rate loan with The Northwestern Mutual Life Insurance Company on behalf of the borrower, AMLI Residential Properties Trust.
Located at 11481 NW 41st St. (also known as Doral Blvd.), immediately east of the Florida Turnpike in Miami-Dade County, AMLI Doral is approximately 15 miles northwest of downtown Miami and 11 miles west of Miami International Airport. The property has eight residential buildings offering eight distinct floor plans with one, two and three bedrooms. The units average 1,063 square feet in size and come with two interior finish packages. Community amenities include a resort-style swimming pool with sundeck, a lake with lakeside lounge and entertainment area with gas fire pit, children’s park, fitness center, dual-tier clubhouse, resident lounge, second-story outdoor lounge area and full service business center.
Image courtesy of AMLI