New mixed-use multifamily Wynwood community gets $117.5 million in refinancing

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New mixed-use multifamily Wynwood community gets $117.5 million in refinancing
The design-forward residential property also features the Calle Collective, an immersive arts and cultural destination blending retail, creativity, and community. Pictured are (l-r) MC Hammer, Jane Kim and Nicole Lustig.

Fisher Brothers, the fourth-generation real estate company known for creating design-forward, community-oriented destinations across the country, recently announced it has secured a $117.5 million refinancing from Bain Capital for Joule House, Wynwood’s most design-forward residential community.

Rising eight stories at 2200 NW First Ave., Joule House was named after the joule, the unit of measurement for energy, embodying the dynamic spirit of its location.

“The successful refinancing of Joule House is a strong reflection of both the property’s performance since opening last summer and the market’s confidence communities in Wynwood,” said Winston Fisher, partner at Fisher Brothers.

“From day one, our vision was to create something that truly resonates with the neighborhood’s energy and culture, and it’s been rewarding to see that translate into strong leasing, retail momentum, and continued investor interest,” Fisher added.

“This transaction represents a unique opportunity to partner with a best-in-class owner-operator in Fisher Brothers as they continue their thoughtful stabilization of a premier asset in an attractive, high-growth market,” said Mark Gormley, a managing director at Bain Capital Credit.

“We are proud to have been selected as their partner of choice on this transaction and look forward to supporting the continued development of Joule House as one of Miami’s most innovative and dynamic communities,” Gormley added.

“Miami’s strong migration trends, driven by corporate relocation and job growth, have injected significant wealth into the region, reinforcing its multifamily market,” said Keith Kurland, senior managing director of Capital Markets and co-head of Institutional Advisory at Walker & Dunlop.

“We were pleased to partner with Fisher Brothers and Bain Capital on Joule House, arranging a floating-rate, interest-only bridge loan that met our client’s strategic objectives and delivered a creative, market-leading solution alongside best-in-class sponsorship,” Kurland said.

In December 2025, Fisher Brothers announced a new retail lease with Sunlife Organics at Calle Collective, a new art-infused cultural destination located within the vibrant retail base of Joule House. Renowned for its organic smoothies (including its famed Billion Dollar Smoothie), bowls and provisions, Sunlife Organics is anticipated to open in the third quarter of this year.

Open to the public, Calle Collective transforms over 26,000 square feet of everyday walls into a kaleidoscope of color and meaning. Curated in partnership with WXLLSPACE and designed as the neighborhood’s next cultural and social destination, Calle Collective showcases 19 large-scale murals by Miami-based artists each a bold expression of style and personal inspiration redefining the convergence of art, commerce and community.

Joule House offers a desirable mix of studio, one, and two-bedroom layouts, along with select two- and three-bedroom penthouses ranging from 985 to 1,400 square feet.

Interiors by ID & Design International (IDDI) showcase neutral palettes, bold accents, and contemporary finishes that capture the essence of the neighborhood.

Spanning 23,000 square feet, Rockwell Group has thoughtfully crafted a suite of indoor and outdoor amenities across three levels, seamlessly blending wellness, convenience, and entertainment. With leasing and property management by Bozzuto, exceptional attention to detail and genuine hospitality remain at the forefront.

Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Michael Diaz, Michael Ianno, Christopher de Raet, and Edward Leboyer of Walker & Dunlop Capital Markets Institutional Advisory represented Fisher Brothers in this transaction.

Calle Collective is open daily from 9 a.m. to 6 p.m. and is free to the public. For more information about Calle Collective visit callecollective.com.

For retail leasing, visit callecollective.com/shop or send email to david@masonre.com.

For residential leasing, visit joulehouse.com.

 

 

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