A new 420-unit apartment community, Resia Golden Glades, officially opened its doors in North Miami, marking a significant milestone for a real estate fund focused on channeling international capital into the U.S. housing market. The project, located at 15955 NW 6th Avenue, was completed on schedule, a notable achievement in the current development climate.
The development is the first completed project for the Inter Real Estate U.S. Fund (IREUS), which launched in 2023. A ribbon-cutting ceremony on November 29, 2025, brought together company officials, investors, and local leaders to celebrate the opening.
Key Takeaways
- Resia Golden Glades, a 420-unit multifamily community, has opened in North Miami.
- The project is the first to be completed by the Inter Real Estate U.S. Fund (IREUS), managed by Inter Asset.
- The development features one- to three-bedroom apartments and modern amenities like a pool, fitness center, and co-working spaces.
- Early leasing performance has surpassed initial projections, indicating strong local housing demand.
- The fund is now launching a second, larger project in Fort Worth, Texas, as part of its Sun Belt expansion strategy.
Addressing Housing Demand in a Key Corridor
The Resia Golden Glades community introduces a mix of one-, two-, and three-bedroom residences to a rapidly growing area of North Miami. Situated near major highways and employment hubs, including healthcare institutions, the development is positioned to meet the needs of the local workforce.
Officials reported that pre-leasing activity has been robust, with both occupancy rates and rental income exceeding the initial financial forecasts. This strong start suggests a significant underlying demand for quality rental housing in the region, a factor that aligns with the investment fund's core strategy.
Amenities at the new complex are designed to cater to modern lifestyles. Residents will have access to a swimming pool, a fully equipped fitness center, a community clubhouse for social gatherings, and dedicated co-working spaces to support remote work.
A Strategic First Step for International Investors
The successful completion of Resia Golden Glades is a proof of concept for IREUS, a fund designed to invest Latin American capital into institutional-grade residential properties across the United States. Inter Asset, the fund's manager, holds a majority equity stake in the North Miami project.
The IREUS Strategy
Launched in 2023, the Inter Real Estate U.S. Fund targets high-growth markets in the U.S. characterized by strong population growth, a limited supply of new housing, and consistent rental demand. The platform partners with experienced local developers to execute its projects.
Cássio Segura, the U.S. Country Manager at Inter, commented on the project's significance during the opening ceremony. He emphasized the importance of delivering the project on time and within financial expectations.
"Delivering Golden Glades on time and within expectations reinforces the strength of our investment strategy and the reliability of our partnerships in the U.S. market. This project demonstrates how Latin American capital can be mobilized toward high-quality, income-producing real estate while meeting institutional standards."
The fund's approach focuses on creating long-term value by developing properties that address specific market needs. According to Segura, the goal is to provide international investors with access to opportunities that are often reserved for large institutional players.
Expanding the Footprint in the Sun Belt
With the successful launch of its first property, Inter Asset is already moving forward with its expansion plans. The company has announced the launch of a second fund under the IREUS platform, which will finance a new multifamily development in Fort Worth, Texas.
This upcoming project will be even larger than the first, featuring 464 residential units. The move into Texas signals a broader strategic focus on the Sun Belt, a region that continues to attract new residents and businesses due to its favorable economic conditions and quality of life.
The strategy hinges on identifying markets with durable demand drivers. By focusing on areas with job growth and demographic expansion, the fund aims to build a portfolio of stable, income-generating assets for its investors.
Creating Value Beyond Financial Returns
Beyond the investment metrics, company representatives highlighted the social value of creating new housing in high-demand areas. The completion of Resia Golden Glades adds hundreds of new homes to a market where supply has struggled to keep pace with population growth.
Segura noted the dual benefit of such projects.
"Golden Glades is proof that disciplined capital deployment and experienced partnerships can deliver both financial and social value, creating high-quality housing that meets real market needs."
As the fund continues to expand its U.S. portfolio, its model of pairing international capital with local development expertise will be closely watched by others in the real estate investment community. The successful execution in North Miami provides a strong foundation for its future projects in Texas and beyond.
