Baron Property Group announced $206 million in construction financing for Metro Parc North, a new ground-up residential development in Hialeah, FL. Post Road Group, a private investment firm, provided the loan and Ayush Kapahi, facilitated the deal. On the heels of breaking ground last month, construction on Metro Parc North is well underway and is slated for completion in late 2027.

Metro Parc North is Baron Property Group’s second transit-oriented development in Hialeah. BPG closed on a $148 million construction loan with Post Road Group and HKS in September 2022 to capitalize Metro Parc, a Class-A mixed-use development offering retail and 559 rental homes adjacent to Metro Parc North.

Designed by Modis Architects, Metro Parc North will offer 661 rental residences ranging from studios to three-bedroom homes. Residences will feature large private balconies, a pool, outdoor kitchens, coworking spaces and a multi-purpose clubroom.

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