In an intense court deposition this month, Masoud Shojaee was grilled about multiple bank transfers involving affiliates of his Coral Gables-based firm, Shoma Group. The
Tag: development
Affiliated scores $50M construction loan for West Palm multifamily project
Affiliated Development started construction of a planned West Palm Beach apartment building after nabbing a $50 million loan. Bank of Montreal provided the financing for
Q & A: Michael Swerdlow dishes on Overtown project and other recent deals
For nearly a half-century, Michael Swerdlow has been a driving force in retail and mixed-use development in Miami-Dade County. In the early 2000s, the Coconut
Lewis Swezy proposes 132-unit low-income multifamily project, as developers seize on affordable housing
Developer Lewis Swezy proposes a 132-unit, age-restricted affordable apartment project in Miami-Dade County’s Princeton neighborhood. The plan comes as South Florida developers continue to seize
Coastland plans 371-unit rental project with workforce housing near Tropical Park, amid swell of below-market proposals
Coastland Residential plans a 371-unit multifamily project with workforce housing near Miami-Dade County’s Tropical Park, as developers continue to bet on below-market apartments. Pinecrest-based Coastland
Developer proposes 119-unit multifamily project near Miami’s Culmer Metrorail stop, amid a record apartment pipeline
A developer proposes a 119-unit multifamily building near Miami’s Culmer Metrorail Station, amid a record South Florida apartment construction pipeline. New York-based Urban Builders Collaborative,
Details, renderings, revealed for billionaire Ken Griffin’s $1B Miami supertall
Billionaire hedge fund manager Ken Griffin spent $670 million assembling land in Miami’s Brickell neighborhood in 2022, generating huge interest in his companies’ move to
MG expands development pipeline into Doral
MG Developer is adding Doral to its mixed-use project pipeline. The Coral Gables-based firm and its partner, Ernesto de Luca, who owns a printing company
Buyers sue developer of long delayed Mandarin Oriental Boca Raton
Frank and Nancy Scala signed a contract for a condo at Mandarin Oriental in Boca Raton, and expected to close on their unit in June
Dan Kodsi reworks plans for Miami resi tower, seeks density boost
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