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Tag: Workforce Housing

Spira Equity pays M for low-income rental complex in Lauderdale Lakes, amid continued appetite for South Florida affordable housing
Business

Spira Equity pays $20M for low-income rental complex in Lauderdale Lakes, amid continued appetite for South Florida affordable housing

December 23, 2024December 23, 2024

Spira Equity Partners bought a low- and moderate-income apartment complex in Lauderdale Lakes for $20 million.  The deal marks continued investment appetite for South Florida

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Helm Equities plans mixed-use Miami Design District project using Live Local Act
Business

Helm Equities plans mixed-use Miami Design District project using Live Local Act

December 20, 2024December 20, 2024

After a decade of owning a development site on the eastern end of the Miami Design District, Helm Equities submitted plans for a $500 million

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Tobin proposes 120-unit apartment building in Hollywood, amid record multifamily construction pipeline 
Business

Tobin proposes 120-unit apartment building in Hollywood, amid record multifamily construction pipeline 

November 20, 2024November 20, 2024

Real estate firm Tobin wants to build a 120-unit apartment project in Hollywood, as South Florida experiences a record multifamily construction pipeline.  Hollywood-based Tobin proposes

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 Morrison family’s firm pays M for apartment complex with workforce units near West Palm Beach
Business

 Morrison family’s firm pays $17M for apartment complex with workforce units near West Palm Beach

November 12, 2024November 12, 2024

The Morrison family’s Sympatico Real Estate scooped up an apartment complex with some workforce units near West Palm Beach for $17 million.  Sympatico bought the

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“Makes sense for all of us”: TRD Forum panelists talk Live Local Act
Business

“Makes sense for all of us”: TRD Forum panelists talk Live Local Act

November 8, 2024November 8, 2024

South Florida developers have been giddy over the Live Local Act. Under the state law, those who include affordable apartments in their projects can build

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Jason Talbot and Monceau settle lawsuit over workforce housing dev site in Goulds
Business

Jason Talbot and Monceau settle lawsuit over workforce housing dev site in Goulds

October 3, 2024October 3, 2024

Jason Talbot has made peace with Monceau Real Estate after the Miami Beach-based firm’s owners agreed to buy out his minority interest in a Goulds

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Monceau entangled in legal rift with partner over Goulds workforce housing dev site
Business

Monceau entangled in legal rift with partner over Goulds workforce housing dev site

September 10, 2024September 10, 2024

Family-owned Monceau Real Estate allegedly reneged on buying out a partner involved in a Goulds workforce housing development site, a recently filed lawsuit alleges. Jason

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Coastland plans 371-unit rental project with workforce housing near Tropical Park, amid swell of below-market proposals 
Business

Coastland plans 371-unit rental project with workforce housing near Tropical Park, amid swell of below-market proposals 

August 28, 2024August 28, 2024

Coastland Residential plans a 371-unit multifamily project with workforce housing near Miami-Dade County’s Tropical Park, as developers continue to bet on below-market apartments.  Pinecrest-based Coastland

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13th Floor lands M loan to build 398-unit Hallandale Beach complex, amid record South Florida apartment construction
Business

13th Floor lands $83M loan to build 398-unit Hallandale Beach complex, amid record South Florida apartment construction

August 14, 2024August 14, 2024

13th Floor Investments landed an $83 million construction loan for a planned 398-unit apartment complex in Hallandale Beach.    The deal comes as South Florida is

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Developer scores M construction loan for apartments near North Miami, marking one of the first Live Local Act financings
Business

Developer scores $17M construction loan for apartments near North Miami, marking one of the first Live Local Act financings

August 1, 2024August 1, 2024

Daniel Abreu scored a $16.5 million construction loan for an 80-unit apartment building near North Miami, marking one of the first Live Local Act project

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