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Tag: Multifamily Market

BH adds to portfolio, pays M for waterfront North Bay Village apartment complex
Business

BH adds to portfolio, pays $83M for waterfront North Bay Village apartment complex

February 7, 2025February 7, 2025

BH Group expanded its South Florida portfolio once again, dropping $83 million for a waterfront North Bay Village multifamily project. The Aventura-based firm acquired Wake

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Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 
Business

Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 

February 6, 2025February 6, 2025

Developer Celal Ozkan filed for bankruptcy on his North Miami Beach development site for a 341-unit apartment tower, marking the latest in his nearly yearlong

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CSL Partners, Presidium buy 260-unit Hialeah apartment complex for M, plan Live Local Act conversion 
Business

CSL Partners, Presidium buy 260-unit Hialeah apartment complex for $95M, plan Live Local Act conversion 

February 3, 2025February 3, 2025

CSL Partners and Presidium scooped up the 260-unit Pura Vida Hialeah apartment complex for $95 million, with plans for a Live Local Act conversion, The

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Pinnacle proposes 110-unit affordable housing project in Princeton, as development rush in south Miami-Dade continues 
Business

Pinnacle proposes 110-unit affordable housing project in Princeton, as development rush in south Miami-Dade continues 

January 30, 2025January 30, 2025

Pinnacle proposes a 110-unit affordable apartment project for seniors in Princeton, amid a continuing development rush in south Miami-Dade County.  The Kendall-based firm wants to

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TA Realty buys Pembroke Pines apartment complex for 8M, amid uptick in South Florida multifamily sales
Business

TA Realty buys Pembroke Pines apartment complex for $118M, amid uptick in South Florida multifamily sales

January 29, 2025January 29, 2025

TA Realty bought a 300-unit apartment complex in Pembroke Pines for $118 million, as South Florida experiences an uptick in multifamily investment sales.  The Boston-based

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Related and 13th Floor team up on M acquisition of Aventura apartment complex
Business

Related and 13th Floor team up on $97M acquisition of Aventura apartment complex

January 28, 2025January 28, 2025

Related Group and 13th Floor Investments joined forces to buy a waterfront Aventura apartment complex, The Real Deal has learned. The Coconut Grove-based firms paid

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The Weekly Dirt: Commercial distress, sluggishness on the horizon for South Florida
Business

The Weekly Dirt: Commercial distress, sluggishness on the horizon for South Florida

January 26, 2025January 27, 2025

We’re almost at the end of the first month of 2025, but it still feels in many ways like 2024.  We took a temperature check

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Multifamily, luxury homebuilding headed for a slowdown in 2025: CCIM panel
Business

Multifamily, luxury homebuilding headed for a slowdown in 2025: CCIM panel

January 23, 2025January 23, 2025

South Florida can expect a slowdown in multifamily and luxury home development in the year ahead, according to a panel of builders.  Last week, The

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Keystone proposes 284-unit Live Local Act project near MIA, amid flurry of applications under affordable housing law 
Business

Keystone proposes 284-unit Live Local Act project near MIA, amid flurry of applications under affordable housing law 

January 23, 2025January 23, 2025

A developer proposes a 284-unit Live Local Act project near Miami International Airport, marking a continued flurry of applications under the state’s affordable housing law. 

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Monceau ramps up Live Local Act pipeline with proposals for 120-unit project in Naranja, 252-unit building in Goulds
Business

Monceau ramps up Live Local Act pipeline with proposals for 120-unit project in Naranja, 252-unit building in Goulds

January 22, 2025January 22, 2025

The Haccoun family’s Monceau Real Estate proposes a 120-unit apartment project in Naranja and a 252-unit development in Goulds, as the firm ramps up its

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