January 31, 2024// NEWS

Firm Closes $12 Million Construction Loan For South Miami-Dade Workforce Housing Development

VHL Law, led by Steven Herzberg, successfully advised a Miami-based developer in securing a $12 million construction loan from a lender based in Seattle, Washington, for a workforce housing apartment complex in South Miami-Dade County. The 74-unit complex is being developed under a county ordinance to provide more affordable housing to the area. Our team navigated the intricacies of the construction loan process, ensuring a smooth closing. We are proud to support our client in this important development and look forward to seeing the project progress.