**Fifteen Group Secures $52.6M Refinancing for Miami Multifamily Community**
Fifteen Group has closed on a $52.6 million refinancing loan for Horizons North, a 276-unit garden-style apartment community located in Miami. The refinancing was arranged through a Freddie Mac loan facilitated by the JLL Capital Markets team, which included Mark Wintner, Joshua Odessky, and Charlie Foy.
Originally acquired by Fifteen Group in 1999 from LNR Property, Horizons North was developed in 1982 and is situated at 665 Ives Dairy Road. The property spans a 12-acre site and includes three four-story buildings. Its unit mix consists of one-, two-, and three-bedroom apartments, ranging in size from 690 to 1,495 square feet.
Residents enjoy access to a variety of shared amenities, including a fitness center, playground, spa, swimming pool, and grade-level parking with 500 spaces. The property has recently undergone comprehensive interior and exterior renovations to meet Miami-Dade County’s 40-year recertification requirements.
