Kendall Apartments | Mill Creek Residential
Mill Creek nabs $80M construction loan for phase two of Dadeland apartments CIT is the lender By Katherine Kallergis | August 21, 2017 08:45AM Rendering of Modera Metro Dadeland ’s second phase Mill Creek Residential just closed on an $ 80 million loan for the second phase of Modera Metro Dadeland , a 25- story apartment tower planned near Dadeland Mall, property records show . New York- based CIT Bank is the lender. Mill Creek, a Dallas- based multifamily developer , is building the 422-unit building at 8215 Southwest 72nd Avenue . Records show Mill Creek ’s Metro Dadeland II LLC paid $11.4 million for the 1.8- acre development site in 2014. Mill Creek is wrapping up construction of the first phase, also a 422-unit, 25- story rental development at the same address. Amenities will include two rooftop decks, a park and pet spa, parking garage, a pool, gym and clubhouse. Leasing begins in early September. The second phase will have its own amenities and leasing office. Constructi...