Los Angeles-based real estate investor Zach Vella of the Vella Group has acquired a four building portfolio in Wynwood, Miami. The properties are located at 282-292 Northwest 25th Street and 325-339 Northwest 24th Street.
RIPCO’s Managing Director of Debt & Structured Finance James Murad who arranged the financing with Executive Managing Director Adam Hakim shared:
“It’s a great asset on one of the best blocks in Wynwood. The borrower has a great business plan. There’s a ton of new development going on in Wynwood so there’s a lot of upside in the market”.
Read More in: The Real Deal: Zach Vella expands Miami portfolio with Wynwood retail purchase
