AVENTURA, FL – February 2, 2025 – AMAC, a national real estate investor and developer, today announced the closing of a $75.65 million loan from funds managed by Apollo Global Management to refinance Arvella, a newly-delivered 290-unit multifamily property located at 17990 West Dixie Highway.

The eight-story building features a mix of spacious studio, one-, two- and three-bedroom units, each equipped with decadent interiors and modern features including stainless steel appliances, stone countertops, custom lighting and plumbing fixtures, in-unit washer and dryers, and smart lock entry.

“We are thrilled to deliver this unique development in a fantastic community in the heart of South Florida,” said Maurice Kaufman, Founding Principal at AMAC.

The building features a luxury suite of amenities for its residents including a two-story gym, spa and sauna area, a pool with covered lounge area, outdoor kitchen and grilling areas, a dog wash, club room, library, media room, and social lounge, as well as a sunset terrace. Additional on-site amenities include a convenience market, concierge, smart package center, and a parking garage with charging stations for electric vehicles.

AMAC has been active in developing projects in southeast Florida, including Biscayne 112, a 402-unit multifamily property located at 11200 Biscayne Boulevard, Griffin 441, a 180-unit multifamily property located at 4465 Griffin Road, and 3151-3251 N Federal Hwy in Pompano Beach, a 302-unit multifamily project targeted for groundbreaking in Q2 2025.

For more information about AMAC, visit the website at www.amacholdings.com

About AMAC
AMAC is a national real estate investor and developer with a long-term opportunistic focus in commercial real estate founded on the principles of hard work and discipline. AMAC’s entrepreneurial spirit and strong capital commitment have allowed for the successful execution on a wide variety of investment opportunities. For more information, contact Jeremy Forman at [email protected].