{"id":390293,"date":"2026-09-04T13:02:15","date_gmt":"2026-09-04T13:02:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/390293\/"},"modified":"2026-09-04T13:02:15","modified_gmt":"2026-09-04T13:02:15","slug":"developer-secures-21-5-million-in-financing-for-townhome-community-in-west-kendall","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/390293\/","title":{"rendered":"Developer Secures $21.5 Million in Financing for Townhome Community in West Kendall"},"content":{"rendered":"<p>Pinecrest-based MMG Equity Partners is proceeding with a mixed-use development in West Kendall.<\/p>\n<p>Coral Nest will feature both residential and retail aspects. Regarding the homes: plans call for 38 two-story townhouses, with floorplans including three-bedroom and four-bedroom models. Specifically, there will be eight three-bedroom\/two-and-a-half bath units, 22 four-bedroom\/two-and-a-half bath units, and eight four-bedroom\/three-bathroom units. Every residence will come with a private garage.<\/p>\n<p>Homes will span 1,615 to 1,826 square feet each, and in-unit features will include impact-grade windows, high-end appliances, and various energy-efficient upgrades. The townhomes are currently priced from $650,000.<\/p>\n<p>Regarding the retail aspect: Coral Nest will host close to 25,000 square feet of retail, with frontage facing Coral Way. Some of the tenants will include a supermarket and fast casual restaurant.<\/p>\n<p>MMG Equity Partners recently secured $21.5 million in construction financing from Seacoast National Bank to help fund the project. The former purchased Coral Nest\u2019s 6.5-acre build site for $7.5 million in 2025. Coral Nest\u2019s retail aspect will occupy 3.5 acres, while the remaining three acres will host the townhomes.<\/p>\n<p>C4 Legacy Builders Group is the general contractor.<\/p>\n<p>Coral Nest is planned for the northwest corner of <a href=\"https:\/\/maps.app.goo.gl\/2XaaGnq5VGkrDMbz6\" rel=\"nofollow noopener\" target=\"_blank\">Southwest 26th Street\/Coral Way and Southwest 144th Avenue, Miami, Florida<\/a>, 33175, in Miami-Dade County.<\/p>\n<p> <a href=\"http:\/\/eepurl.com\/hud0UH\" rel=\"nofollow noopener\" target=\"_blank\">Subscribe<\/a> to YIMBY\u2019s daily e-mail<\/p>\n<p><a href=\"https:\/\/google.com\/preferences\/source?q=https%3A%2F%2Ffloridayimby.com\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/09\/1788526935_721_google_preferred_source_badge.png\" width=\"245\" height=\"40\" alt=\"Make YIMBY preferred on Google\"\/><\/a><\/p>\n<p><a href=\"https:\/\/instagram.com\/yimbygram\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Follow<\/a> YIMBYgram for real-time photo updates<br \/><a href=\"https:\/\/www.facebook.com\/YIMBYFB\" rel=\"nofollow noopener\" target=\"_blank\">Like<\/a>\u00a0YIMBY on Facebook<br \/><a href=\"https:\/\/twitter.com\/yimbytweets\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Follow<\/a> YIMBY\u2019s Twitter for the latest in YIMBYnews<\/p>\n<p><a href=\"https:\/\/floridayimby.com\/category\/uncategorized\" rel=\"category tag nofollow noopener\" target=\"_blank\">Uncategorized<\/a><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Pinecrest-based MMG Equity Partners is proceeding with a mixed-use development in West Kendall. Coral Nest will feature both&hellip;\n","protected":false},"author":2,"featured_media":390294,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[123,125,124],"class_list":["post-390293","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-miami","tag-miami-headlines","tag-miami-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/390293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=390293"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/390293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/390294"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=390293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=390293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=390293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}