NoMad Residences - Debt Investment

Kennedy Wilson provided a $90 million senior construction loan to leading real estate developer Related Group and Manhattan-based developer Tricap for the construction of an eight-story, 329-unit for-sale condominium in the popular Wynwood section of Miami. The condominium tower's construction began in October 2023, and is expected to reach completion in late 2025.

Wynwood
Location
Miami, Florida
Units
329 Condo Units

 

Located just steps from the world-famous Wynwood Walls, the nine-story tower boasts an eclectic, modern design crafted by the world’s preeminent design talents with architecture by South Florida-based Arquitectonica and interiors by the renowned DesignAgency. 

The collection of 329 residences ranges from studios to two bedrooms, each featuring floor-to-ceiling windows, private balconies, open layouts, and spa-like showers. Modern kitchens include premium Bosch appliances, Italian-style cabinetry adorned with brass hardware, and sleek stone countertops. Uniquely developed with no rental restrictions in mind, buyers will have the option to rent their homes to guests for any period of time, while a skilled in-house property management team will efficiently manage check-in and check-out processes. 

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