Li’l Abner III

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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