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Tag: development

“Bloodbath of competition:” What could happen when Miami’s pipeline of condo-hotels is delivered
Business

“Bloodbath of competition:” What could happen when Miami’s pipeline of condo-hotels is delivered

August 8, 2024August 8, 2024

Condo developers in Miami have re-discovered the condo-hotel, and buyers are eating it up. But they may be disappointed with their returns once their units

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Mill Creek cuts back Ojus multifamily project, as South Florida sees record apartment construction pipevline
Business

Mill Creek cuts back Ojus multifamily project, as South Florida sees record apartment construction pipevline

August 7, 2024August 7, 2024

Mill Creek Residential scaled back the second phase of its Modera Aventura multifamily project, nearly halving the building plans.  The Boca Raton-based firm now proposes

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Dezer seeks site plan, waivers approval for long-planned Uptown Harbour project
Business

Dezer seeks site plan, waivers approval for long-planned Uptown Harbour project

August 7, 2024August 7, 2024

Four years after scoring a key approval for the redevelopment of North Miami Beach’s Intracoastal Mall, Dezer Development is taking the next step. Sunny Isles

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Centaur scores 0M loan for Panther National project in Avenir
Business

Centaur scores $160M loan for Panther National project in Avenir

August 6, 2024August 6, 2024

Centaur Holdings landed a $160 million loan for Panther National, a planned luxury single-family home community near Palm Beach Gardens.  West Palm Beach-based Southern Realty

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Developer scores M construction loan for apartments near North Miami, marking one of the first Live Local Act financings
Business

Developer scores $17M construction loan for apartments near North Miami, marking one of the first Live Local Act financings

August 1, 2024August 1, 2024

Daniel Abreu scored a $16.5 million construction loan for an 80-unit apartment building near North Miami, marking one of the first Live Local Act project

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Alger family sells nearly 800 acres outside Miami-Dade’s UDB for M
Business

Alger family sells nearly 800 acres outside Miami-Dade’s UDB for $56M

August 1, 2024August 1, 2024

The Alger family, who have been farmers in Miami-Dade County for generations, sold a nearly 800-acre land tract outside the Urban Development Boundary for $56

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Related, BH under contract to buy waterfront West Palm Beach dev site
Business

Related, BH under contract to buy waterfront West Palm Beach dev site

July 31, 2024July 31, 2024

The Pérez family’s Related Group and the Toledanos’ BH Group are teaming up again to acquire a waterfront development site in West Palm Beach, The

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David Martin’s Terra completes Mr. C Residences in Coconut Grove
Business

David Martin’s Terra completes Mr. C Residences in Coconut Grove

July 31, 2024July 31, 2024

David Martin’s Terra delivered Mr. C Residences in Coconut Grove, with an expected sellout of more than $500 million.  The developer partnered with Maggio Cipriani’s

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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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Estate lands M construction loan for West Palm rental complex, amid record multifamily pipeline
Business

Estate lands $73M construction loan for West Palm rental complex, amid record multifamily pipeline

July 30, 2024July 30, 2024

Social: As South Florida is experiencing a near-record multifamily construction pipeline, Estate Companies scored a $73M loan to build a 321-unit complex in downtown West

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