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Tag: Multifamily Market

FCP buys 400-unit Sunrise apartment complex for M, amid slow investment sales so far this year
Business

FCP buys 400-unit Sunrise apartment complex for $90M, amid slow investment sales so far this year

February 28, 2025February 28, 2025

FCP bought a 400-unit apartment complex in Sunrise for $90 million.  Chevy Chase, Maryland-based FCP bought the Arium Sunrise complex at 1501 Northwest 124th Terrace

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Developer plans 750-unit multifamily project in Hallandale Beach, amid continued redevelopment of South Florida mobile home parks 
Business

Developer plans 750-unit multifamily project in Hallandale Beach, amid continued redevelopment of South Florida mobile home parks 

February 25, 2025February 25, 2025

A developer could replace the Seville Mobile Home Park in Hallandale Beach with a 750-unit mixed-use, multifamily project, amid a surge in the redevelopment of

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Related lists Fort Lauderdale apartment tower for 0M 
Business

Related lists Fort Lauderdale apartment tower for $230M 

February 19, 2025February 19, 2025

Related Group is ready to sell a recently completed apartment tower in downtown Fort Lauderdale, asking nine figures. The Coconut Grove-based development firm, led by

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Unholstered: Lawsuit alleges Patrick Carroll held his security guards hostage at gunpoint
Business

Unholstered: Lawsuit alleges Patrick Carroll held his security guards hostage at gunpoint

February 13, 2025February 13, 2025

Last summer, following a Los Angeles court hearing on his pending felony charges, including carrying a loaded firearm, Carroll allegedly held his own bodyguards hostage

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Terra, Frisbie win bid for Boca Raton City Hall redevelopment, plan 2M-plus sf mixed-use complex 
Business

Terra, Frisbie win bid for Boca Raton City Hall redevelopment, plan 2M-plus sf mixed-use complex 

February 13, 2025February 13, 2025

Davd Martin’s Terra and Frisbie Group won a coveted bid to redevelop Boca Raton’s government campus, where the firms plan a 2.5 million-square-foot mixed-use complex. 

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Related, BH and Pebb clear final hurdle for Office Depot campus mixed-use project
Business

Related, BH and Pebb clear final hurdle for Office Depot campus mixed-use project

February 13, 2025February 13, 2025

A partial redevelopment of Boca Raton’s Office Depot campus is set to go forward after receiving final city zoning approval. The Boca Raton City Council

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Related Urban’s plan for 8M Coconut Grove mixed-income project nabs committee approval
Business

Related Urban’s plan for $148M Coconut Grove mixed-income project nabs committee approval

February 12, 2025February 12, 2025

Related Urban’s potential replacement of a Coconut Grove public housing project for seniors with a $148 million mixed-income multifamily project is gaining steam. Miami-Dade County

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Asi Cymbal scores 4M refi for Live Local Act apartment complex in Miami Gardens, as South Florida loans flow 
Business

Asi Cymbal scores $114M refi for Live Local Act apartment complex in Miami Gardens, as South Florida loans flow 

February 12, 2025February 12, 2025

Asi Cymbal scored a $114 million refinancing for a 341-unit Live Local Act apartment complex in Miami Gardens, as loans keep flowing in South Florida. 

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Calta lands M construction loan for Hollywood apartments, amid South Florida multifamily supply overhang 
Business

Calta lands $54M construction loan for Hollywood apartments, amid South Florida multifamily supply overhang 

February 11, 2025February 11, 2025

The Caltagirone brothers’ Calta Group scored a $53.7 million construction loan for a pair of Hollywood apartment projects with a total of 251 units.  The

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Related Urban wants to bring mixed-income apartments to Coconut Grove
Business

Related Urban wants to bring mixed-income apartments to Coconut Grove

February 7, 2025February 7, 2025

Related Urban is eyeing a public housing site in Coconut Grove for a mixed-income multifamily project. The Miami-Dade County Commission housing committee on Tuesday will

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