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Tag: development

TM Real Estate scores M construction loan for 250-unit Boynton Beach complex, amid South Florida multifamily supply overhang 
Business

TM Real Estate scores $54M construction loan for 250-unit Boynton Beach complex, amid South Florida multifamily supply overhang 

March 13, 2025March 13, 2025

A developer scored a $53.5 million construction loan for a 250-unit apartment complex in Boynton Beach, amid a multifamily supply overhang in South Florida.  TM

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Botched M land deal costs city of Doral nearly double the price six years later
Business

Botched $11M land deal costs city of Doral nearly double the price six years later

March 13, 2025March 13, 2025

Six years after allegedly trashing a vacant property it intended to buy for $10.7 million, the city of Doral will pay the landowner nearly double

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Developer Vivian Dimond to revive stalled waterfront North Bay Village condo project
Business

Developer Vivian Dimond to revive stalled waterfront North Bay Village condo project

March 13, 2025March 13, 2025

Developer Vivian Dimond took over the stalled condo building in North Bay Village, a 15-story shell on Harbor Island, The Real Deal has learned.  The

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BH3 adds 200-plus units to its planned two-tower DNA project in Fort Lauderdale’s Flagler Village
Business

BH3 adds 200-plus units to its planned two-tower DNA project in Fort Lauderdale’s Flagler Village

March 12, 2025March 12, 2025

BH3 Management proposes 844 units at its two-tower project in Fort Lauderdale’s Flagler Village, up 38 percent from its previous plan.  Fort Lauderdale-based BH3 raised

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Russell Galbut plans 410-unit Live Local Act project in Miami-Dade, amid rush on state workforce housing law 
Business

Russell Galbut plans 410-unit Live Local Act project in Miami-Dade, amid rush on state workforce housing law 

March 12, 2025March 12, 2025

Russell Galbut’s GFO Investments plans a 410-unit Live Local Act apartment project in Miami-Dade County, as developers seize on the state affordable housing law.  Miami-based

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Related proposes 390-unit Live Local Act project for South Miami public housing redevelopment 
Business

Related proposes 390-unit Live Local Act project for South Miami public housing redevelopment 

March 11, 2025March 11, 2025

The Pérez family’s Related Group proposes a 390-unit Live Local Act project for the second phase of its redevelopment of a South Miami public housing

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Kolter, BH seek redevelopment approval for Miami Beach oceanfront site they listed for 0M 
Business

Kolter, BH seek redevelopment approval for Miami Beach oceanfront site they listed for $110M 

March 10, 2025March 10, 2025

Kolter Group and BH Group are pursuing a redevelopment plan for an oceanfront hotel that the joint venture recently listed with a whisper price of

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Developer plans 163-unit Live Local Act project near West Little River, amid flurry of proposals under state law
Business

Developer plans 163-unit Live Local Act project near West Little River, amid flurry of proposals under state law

March 10, 2025March 10, 2025

A developer proposes a 163-unit Live Local Act multifamily project near West Little River, as the industry continues to seize on the state affordable housing

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“Out of scale”: Michael Stern’s and Gianluca Vacchi’s condo tower proposal shot down by Miami Beach board, now heads to commission vote
Business

“Out of scale”: Michael Stern’s and Gianluca Vacchi’s condo tower proposal shot down by Miami Beach board, now heads to commission vote

March 7, 2025March 7, 2025

Michael Stern’s JDS Development Group and Gianluca Vacchi’s GV Development Group are heading to the Miami Beach City Commission next month with an unfavorable recommendation

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13th Floor, LeFrak and Related take over Shoma dev site in Miami
Business

13th Floor, LeFrak and Related take over Shoma dev site in Miami

March 7, 2025March 8, 2025

Shoma Group is abandoning plans to redevelop a shuttered car dealership, selling the 2.5-acre site for $35 million to a group that includes Richard LeFrak’s

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