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“Supply overhang”: After record South Florida apartment completions, lease-ups slow, concessions ramp up 
Business

“Supply overhang”: After record South Florida apartment completions, lease-ups slow, concessions ramp up 

January 24, 2025January 24, 2025

At the 293-unit Elevate in Dania Beach, about 100 apartments remain vacant six months after the project was completed.  To entice renters, the property manager

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Dan Kodsi reworks plans for Miami resi tower, seeks density boost 
Business

Dan Kodsi reworks plans for Miami resi tower, seeks density boost 

August 22, 2024August 22, 2024

Dan Kodsi’s Royal Palm Companies is reworking plans for a residential tower in Miami’s Arts & Entertainment District.  When Kodsi and his former partner, Rafael

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Construction at Dan Kodsi’s Legacy Miami Worldcenter still on hold
Business

Construction at Dan Kodsi’s Legacy Miami Worldcenter still on hold

July 30, 2024July 30, 2024

Construction is still stalled at Legacy Hotel & Residences after a design issue halted work at the mixed-use tower at Miami Worldcenter in March. But

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Dan Kodsi’s Royal Palm Nabs Sanford Rentals Building Bank loan
Business

Dan Kodsi’s Royal Palm Nabs Sanford Rentals Building Bank loan

April 18, 2024April 19, 2024

Dan Kodsi landed an $86 million design financing package deal for a 420-unit multifamily sophisticated close to Orlando.  Miami-primarily based Royal Palm Corporations programs Tuscany

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Map: Miami Worldcenter’s Pipeline of 8K Units, 500 Hotel Keys
Business

Map: Miami Worldcenter’s Pipeline of 8K Units, 500 Hotel Keys

April 1, 2024April 1, 2024

Developers are racing to Miami Worldcenter.  The 27-acre master-planned development is partially completed, but much more is on tap.  Seventeen towers are proposed, approved or

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