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Miami developer snags funds from Apollo for recently opened apartments

Neology Development Group to pay down debt at the Julia Residences
The Julia Residences in Allapattah, Florida, a working-class neighborhood two miles northwest of downtown Miami. (CoStar)
The Julia Residences in Allapattah, Florida, a working-class neighborhood two miles northwest of downtown Miami. (CoStar)
CoStar News
January 23, 2025 | 11:10 P.M.

Neology Development Group has received an $84.5 million loan from affiliates of Apollo for the Julia Residences, a high-end apartment complex the developer recently completed in Miami’s Allapattah neighborhood.

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