Siguler Guff, a diversified private markets investment firm, has announced the direct origination of a $25.25 million mezzanine construction loan for the development of Twenty Sixth & 2nd Residences, a planned 233-unit upscale condominium community in Miami’s Wynwood district.
The mixed-use project is expected to feature nearly 27,000 square feet of retail space at street level along with a dedicated co-working level containing 173 office suites that will be assigned to condominium owners. Positioned in the heart of Wynwood, the development aims to combine residential living, retail, and flexible workspace concepts within one of Miami’s rapidly evolving neighborhoods.
The project is being developed by Property Markets Group (PMG), a national real estate investment, development, and asset management company recognized for its luxury projects throughout Miami.
Siguler Guff’s mezzanine financing complements a $100.75 million senior construction loan provided by Madison Realty Capital.
Jose Mayoral, Vice President of Real Estate Investments at Siguler Guff, stated that the firm is excited to collaborate with Madison Realty Capital and support PMG in bringing Twenty Sixth & 2nd Residences to life. He highlighted Wynwood’s vibrant blend of culture, dining, and entertainment, noting that the project is expected to strengthen the neighborhood’s appeal among future residents.
Josh Zegen, Co-Founder and Managing Principal of Madison Realty Capital, said Wynwood’s rapid growth has transformed it into one of Miami’s premier destinations for residents and visitors alike. He added that Twenty Sixth & 2nd Residences is strategically positioned to build on that momentum by delivering a thoughtfully designed, amenity-rich residential offering. Zegen also expressed confidence in PMG and LNDMRK, citing their strong development track record across Miami’s most active markets.
Future residents are expected to enjoy a wide range of amenities, including a rooftop swimming pool with cabanas, an outdoor lounge and bar, a modern fitness center, and a wellness area with steam rooms, saunas, and cold plunge facilities. The property will also include a meditation space and curated art displays throughout the development. Each condominium unit will come fully furnished and equipped with smart-building technology.