A major construction financing deal has been secured for Metro Parc North, a new residential development in Hialeah, Florida. The project, developed by Baron Property Group, has secured a $206 million construction loan from Post Road Group, a private investment firm, and Ayush Kapahi, principal and founding partner at commercial real estate advisory HKS Real Estate Advisors. **Key Highlights:**
• $206 million construction financing secured for Metro Parc North
• Post Road Group provided the loan, with Ayush Kapahi facilitating the deal
• Construction on the project is underway, with completion slated for late 2027
• Metro Parc North will offer 661 rental residences, featuring open-concept floor plans, luxury amenities, and a 24-hour concierge
Metro Parc North is part of Baron Property Group’s vision to transform Hialeah and capitalize on the city’s growing demand for upscale residential properties. With its modern design, luxury amenities, and seamless connectivity to public transit, the development is expected to set a new standard for living in the area. “We are pleased to secure this construction financing from Post Road Group,” said Matthew Baron, Founder and President of Baron Property Group. “This financing is a testament to our ability to deliver a high-quality residential community that contributes to the city’s growth. With its modern design, luxury amenities and seamless connectivity to public transit, Metro Parc North will set a new standard for living in the area.”
“We are pleased to again provide financing to support the development of Metro Parc North, a high-quality, transformative residential community,” said Jason Carney, Partner and Head of Real Estate Credit at Post Road Group. “Baron Property Group’s experience and expertise, coupled with their vision for Hialeah’s continued growth, make this an exciting opportunity. We look forward to partnering with Matt and his team as they work to complete the project.”
“Securing financing for Metro Parc North alongside Baron Property Group reinforces our shared commitment to shaping Hialeah’s future,” said Ayush Kapahi, principal and founding partner at HKS. “This project is more than just a residential development — it’s a pivotal step in creating a vibrant, transit-connected community. At HKS, we remain focused on delivering strategic solutions that drive urban growth and create long-term value for developers and the neighborhoods they serve.”
The development will feature 661 rental residences, ranging from studios to three-bedroom homes, and will offer a range of luxury amenities, including a 24-hour concierge, resort-style pool with private cabanas, outdoor kitchens, coworking spaces, a multi-purpose clubroom, secure bike storage, pet grooming stations, and on-site parking. Metro Parc North is part of a larger vision for Hialeah’s transformation, with Baron Property Group’s first transit-oriented development, Metro Parc, set to break ground soon. The two projects, spanning nearly two million square feet, will offer upscale apartments and retail options that introduce a fresh lifestyle opportunity to the rapidly expanding Hialeah residential market. **About Baron Property Group**
Baron Property Group, headquartered in New York City and Miami, is a vertically integrated real estate development and investment firm that develops residential and commercial properties nationwide. The firm has an active development pipeline totaling nearly 4 million square feet and over 3,600 new residential units, valued at over $2 billion. **About Post Road Group**
Post Road Group is an alternative investment advisory firm that currently manages approximately $2.5 billion of capital across its four distinct, complementary investment strategies. Since inception in 2015, the firm has committed and invested $3.5 billion of capital on behalf of institutional investors across the world. **About HKS Real Estate Advisors**
HKS Real Estate Advisors has emerged as an industry pacesetter in the realm of commercial real estate advisory, providing a wide array of financial services encompassing debt, equity, bridge, and joint venture financing for commercial real estate transactions. The company’s structure includes investment sales and capital markets advisory, and has over $2 billion in annual transaction volume. Since its inception in 2011, HKS has closed more than $30 billion in transactions and established a reputation for providing best-in-class sales and financing solutions with sophisticated and seamless execution, regardless of complexity.
Project Details | Description |
---|---|
A new ground-up residential development in Hialeah, Florida, featuring 661 rental residences and luxury amenities. | |
Baron Property Group, Post Road Group, and HKS Real Estate Advisors | |
Construction Financing | $206 million construction loan from Post Road Group, facilitated by Ayush Kapahi at HKS Real Estate Advisors. |
Completion Date | Late 2027 |
By securing this construction financing, Baron Property Group is taking a significant step towards transforming Hialeah and delivering a high-quality residential community that contributes to the city’s growth. With its modern design, luxury amenities, and seamless connectivity to public transit, Metro Parc North is set to become a new standard for living in the area.