Joule-House-Miami

Fisher Brothers Receives $117.5M Loan for Refinancing of Miami Multifamily Community

by Abby Cox

MIAMI — New York City based-Fisher Brothers has received a $117.5 million bridge loan for the refinancing of Joule House at Calle Collective, a 308-unit multifamily community located in the Wynwood neighborhood of Miami. Bain Capital provided the floating-rate, interest-only loan.

“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 in well-executed, design-driven residential communities in Wynwood,” says Winston Fisher, partner at Fisher Brothers.

Situated at 2200 N.W. 1st Ave., Joule House spans eight stories and features studio, one- and two-bedroom floorplans, with select two- and three-bedroom penthouses ranging in size from 985 to 1,400 square feet. Monthly rental rates begin at $2,512.

Approximately 23,000 square feet of amenities are available for residents, including a swimming pool, cabana, spa, clubhouse, business center, fitness center, lounge, bicycle storage, a game room, conference rooms and electric vehicle charging stations.

In December of last year, Fisher Brothers signed a new retail lease with SunLife Organics, a smoothie, juice and açai bowl bar that will open on the ground floor of Joule House in the third quarter.

The Calle Collective, which is located within the Joule House development, serves as a retail, art and cultural base for the Wynwood district. Curated by WXLLSPACE, Calle Collective showcases 19 large-scale murals by Miami-based artists, transforming more than 26,000 square feet of blank wall space around the property.

Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Michael Diaz, Michael Ianno, Christopher de Raet and Edward Leboyer of Walker & Dunlop arranged the financing on behalf of Fisher Brothers. Bozzuto leases and manages Joule House.

The project team included Rockwell Group (architect) and ID & Design International (interior designer). Joule House was completed in May 2025.

“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,” says Fisher.

Fisher Brothers currently owns and operates commercial, residential and experiential retail assets in Las Vegas, Miami, New York City and Washington, D.C.

— Abby Cox

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