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Tag: Multifamily

“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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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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IMC Equity advances mixed-use project with 233 apartments at Lauderhill Mall
Business

IMC Equity advances mixed-use project with 233 apartments at Lauderhill Mall

January 23, 2025January 23, 2025

IMC Equity Group advanced plans to develop a three-building, mid-rise complex with 233 apartments on the south side of the Lauderhill Mall. IMC Equity, led

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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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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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Lisette Calderon racks up another refi, scores M mortgage for Allapattah project
Business

Lisette Calderon racks up another refi, scores $85M mortgage for Allapattah project

January 20, 2025January 20, 2025

For the second time in less than a month, a Lissette Calderon Allapattah project scored a refinancing. An affiliate of New York-based Apollo Asset Management

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