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Private equity group to refresh apartments in Miami's MiMo District after refinancing

Upgrades at Adela at MiMo Bay to begin later this year, wrapped up in 2026
Real estate private equity firm, Acre, is planning to add new units to Adela at MiMo Bay after refinancing the mid-rise apartment complex for $72 million. (CoStar)
Real estate private equity firm, Acre, is planning to add new units to Adela at MiMo Bay after refinancing the mid-rise apartment complex for $72 million. (CoStar)
CoStar News
August 11, 2025 | 7:45 P.M.

Real estate private equity and investment firm Acre has refinanced Adela at MiMo Bay, a luxury waterfront apartment complex in Miami’s quiet Upper East Side.

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