CREI Holdings

CREI Holdings Secures $67 Million In Construction Financing For ‘ Li’l Abner III’ Affordable Housing Project In Sweetwater, FL

8:00 am on March 27, 2024 By Oscar Nunez

CREI Holdings has secured a $67 million construction loan from Centennial Bank to build an affordable workforce housing mid-rise building at 455 Northwest 114th Avenue in the City of Sweetwater, Miami-Dade County. Construction of Li’l Abner III is set to begin in the second quarter of 2024 and be completed in the second quarter of 2026. Prospective tenants can now register for future leasing opportunities.

CREI Holdings Secures $41 Million Loan For Affordable/Workforce Housing In Miami-Dade County

8:00 am on January 7, 2024 By Oscar Nunez

Miami-based development firm CREI Holdings has secured a $41 million loan from Lument for the refinancing of Li’l Abner II apartments, completed in April 2023 in the city of Sweetwater. The transaction closed on December 29, 2023, and was led by Marc Suarez, a managing director at Lument.

Affordable Housing Project With 316 Units Receives Approval from Sweetwater City Commission

6:30 am on November 10, 2022 By Oscar Nunez

The Sweetwater City Commission has cleared the way for CREI Holdings to develop an additional 316 affordable housing apartments. Li’l Abner III, which will rise next to its sister buildings Li’l Abner I and II, will help ease Miami’s shortage of affordable housing among seniors, one of the most vulnerable populations in the region.

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