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Tag: Multifamily

Aconcagua proposes 162-unit apartment building in Princeton, amid a development rush on south Miami-Dade
Business

Aconcagua proposes 162-unit apartment building in Princeton, amid a development rush on south Miami-Dade

February 7, 2025February 7, 2025

A developer proposes a 162-unit apartment project in Princeton, amid a continued rush on south Miami-Dade County.  Aconcagua Developers wants to build an eight-story building

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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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Supersized: Pérez family’s Related proposes 1K-plus-unit Live Local Act expansion of Little Havana public housing complex 
Business

Supersized: Pérez family’s Related proposes 1K-plus-unit Live Local Act expansion of Little Havana public housing complex 

January 24, 2025January 24, 2025

The Pérez family’s Related Group wants to supersize a Little Havana public housing complex with a 1,038-unit Live Local Act development, as the firm ramps

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“Supply overhang”: After record South Florida apartment completions, lease-ups slow, concessions ramp up 
Business

“Supply overhang”: After record South Florida apartment completions, lease-ups slow, concessions ramp up 

January 24, 2025January 24, 2025

At the 293-unit Elevate in Dania Beach, about 100 apartments remain vacant six months after the project was completed.  To entice renters, the property manager

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