ROVR Development has secured $66 million in financing from Kayne Anderson for the construction of a rental complex along the Miami River.
The funds will be allocated to the initial phase of River Rapids, a development comprising 300 rental units and 444 parking spaces spanning eight stories, as stated by ROVR. Positioned at 2750 NW South River Drive, the development is adjacent to the intersection at Northwest 27th Avenue.
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By Proptechbuzz
By Ravi Kumar