Madison Capital Group Arranges Preferred Equity Financing for $84M Luxury Multifamily Development in North Miami, Florida
Miami, FL | September 2, 2025: Madison Capital Group, a Miami-based commercial real estate advisory and investment firm, announced today that it acted as exclusive capital advisor in arranging preferred equity financing for developers Continua Development and Oldtown Capital Partners, on Urbania NoMi 125th, an $84 million, 195-unit luxury multifamily development in North Miami, Florida.
Urbania NoMi 125th will deliver a contemporary, 12-story mixed-use community in the heart of North Miami, offering thoughtfully designed residential units above vibrant street-level retail. Residents will have access to a suite of amenities, including a pool, fitness center, media lounge, and outdoor gathering spaces, supporting an active, community-oriented lifestyle.
Developed under URBANIA, the branded workforce housing platform of Continua Developments, the project focuses on delivering high-quality, design-forward living environments that remain accessible to middle-income families in one of Miami’s most rapidly growing neighborhoods. Construction is underway, with completion anticipated in 2026.
“We’re excited to expand the URBANIA portfolio with Urbania NoMi 125th, bringing a thoughtfully designed, community-centered project to North Miami,” said Pablo Gonzalez, CEO of Continua Development. “This development reflects our long-term vision of delivering high-quality housing in key Florida markets through the Urbania brand.”
“We’re thrilled to be partnering with Continua and the Urbania team on this tremendous project,” said Anthony Hodes, Co-Founder and Partner at Oldtown Capital Partners. “Oldtown is committed to creating lasting value in communities where we build. Continua’s decades of experience, over tens of thousands of units, together with our shared vision for design-forward, community-oriented development, gives us confidence that this project will contribute meaningfully to the growth and vitality of North Miami.”
“Urbania NoMi 125th reflects the type of dynamic development Madison is proud to support,” said Tim Martorella, Managing Partner at Madison Capital Group. “We’re pleased to deliver a tailored capital solution that aligns with our clients’ goals while making a meaningful contribution to the community of North Miami,” added Robert Libertini, Madison’s Managing Director.
The Continua Group / Continua Developments
Continua Developments, a unit of the Continua Group, is a vertically integrated development firm with a reputation for delivering high-impact projects that blend architecture, innovation, and sustainability. Rooted in a design-first philosophy, the firm has cultivated a portfolio of forward-looking properties across Florida, each defined by bold vision and meticulous execution. Through hands-on leadership and a collaborative development model, Continua continues to redefine the urban experience with projects that inspire and endure.
Oldtown Capital Partners
With a legacy of delivering community-centered developments, Oldtown Capital Partners is a Miami-based real estate firm focused on thoughtful urban revitalization across South Florida. Known for its strategic site selection and design-forward projects, the firm leverages deep market knowledge and a commitment to long-term value creation. Oldtown Capital Partners continues to shape distinctive, human-scaled environments that enhance the character and vitality of the neighborhoods they serve.
Madison Capital Group
For over 25 years, Madison Capital Group, LLC (madison-capital.com) has been a leading Miami-based Real Estate capital advisory and investment firm. Madison’s team leverages decades of experience to advise clients throughout the entire project life cycle. Madison has advised on billions of dollars in transactions, providing services that include equity and debt financing, restructuring & workouts, land & investment sales, co-development ventures, and principal investments. Madison also co-invests in select development, acquisition and recapitalization opportunities, aligning with our clients’ interests.
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For more information, contact:
Gene DeRose, Director, Madison Capital Group
917-602-6676
gd@madison-capital.com
