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Tag: Multifamily Market

Codina lands 4M refi for Downtown Doral apartments, uses part of capital to buy out partner Invesco
Business

Codina lands $124M refi for Downtown Doral apartments, uses part of capital to buy out partner Invesco

January 21, 2025January 21, 2025

Codina Partners scored a $124 million refinancing for a pair of Downtown Doral apartment towers, using part of the capital to buy out Invesco’s stake

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Pérez family’s Related proposes 398-unit Live Local Act redevelopment of Miami’s Claude Pepper public housing building 
Business

Pérez family’s Related proposes 398-unit Live Local Act redevelopment of Miami’s Claude Pepper public housing building 

January 21, 2025January 21, 2025

The Pérez family’s Related Group proposes a 398-unit Live Local Act project to take the place of the Claude Pepper age-restricted public housing building in

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Adam Neumann’s Flow lands El Portal dev site with M winning auction offer
Business

Adam Neumann’s Flow lands El Portal dev site with $71M winning auction offer

January 21, 2025January 21, 2025

Adam Neumann’s Flow won an El Portal development site with a $70.5 million offer that beat out Melo Group, The Real Deal has learned.  Miami-Dade

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Second time’s a charm: Board approves Oak Row’s 526-unit rental tower near MiamiCentral, after previously slamming design
Business

Second time’s a charm: Board approves Oak Row’s 526-unit rental tower near MiamiCentral, after previously slamming design

January 20, 2025January 20, 2025

Oak Row Equities scored approval for a 526-unit apartment tower in downtown Miami, after failing last year to impress a city board with the building’s

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Nick of time: Penn-Florida files bankruptcy on Boca Raton Via Mizner apartments, dodging 5M UCC auction
Business

Nick of time: Penn-Florida files bankruptcy on Boca Raton Via Mizner apartments, dodging $145M UCC auction

January 16, 2025January 16, 2025

An affiliate of Penn-Florida Companies filed bankruptcy on its 101 Via Mizner apartment building in Boca Raton, warding off a foreclosure auction over a $145

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Insurer lands approval for 287 rentals in Boca Raton, after year of record multifamily construction
Business

Insurer lands approval for 287 rentals in Boca Raton, after year of record multifamily construction

January 10, 2025January 10, 2025

A developer landed preliminary approval for a 287-unit apartment project at the Park at Broken Sound in Boca Raton, following a year of record apartment

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Prive sues South American partners for more than M in damages
Business

Prive sues South American partners for more than $20M in damages

January 8, 2025January 8, 2025

Usually, when a South Florida real estate project goes haywire, it’s the investors accusing the developer of a double-cross. But the tables have turned, according

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Related, BH and Pebb score approval for Office Depot campus mixed-use project
Business

Related, BH and Pebb score approval for Office Depot campus mixed-use project

January 3, 2025January 3, 2025

A partial redevelopment of Boca Raton’s Office Depot campus won a key city approval. On Thursday night, the Boca Raton Planning and Zoning Board voted

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Monceau proposes 90-unit workforce building in Goulds, as developers seize on demand for below-market rentals
Business

Monceau proposes 90-unit workforce building in Goulds, as developers seize on demand for below-market rentals

January 3, 2025January 3, 2025

The Haccoun family’s firm proposes a 90-unit workforce rental building in Goulds, as developers continue to seize on demand for below-market housing in South Florida. 

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Mormon church expands South Florida portfolio with 2M purchase of apartment complex near Wellington
Business

Mormon church expands South Florida portfolio with $102M purchase of apartment complex near Wellington

January 2, 2025January 2, 2025

The Church of Jesus Christ of Latter-day Saints’ real estate arm dropped $102.4 million for an apartment complex near Wellington, marking its continued investment in

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