Multifamily news in Market Rate Housing - Miami
-
Pre-Leasing Underway at Altman Cos. Florida Property
The 320-unit community is located about 30 miles northwest of Miami in Miramar, Fla.
-
Starwood Sells Miami-Area Community for $64M
Praedium Group purchased the Class B community in Plantation, Fla., with Berkadia originating a Fannie Mae loan.
-
Miami Community Lands $51M Freddie Mac Refi
The new financing package retires a $37 million loan that MUFG Bank provided in 2012.
-
RKW Residential Tapped to Manage 2 Florida Communities
The firm will add a total of 471 units in Miami and Palm Beach Gardens, Fla., to its portfolio.
-
Shoma Group Lands $84M Refi for Miami-Area Project
The floating-rate loan has a three-year term and will refinance existing construction financing.
-
Melo Group Tops Off Miami Twin Towers
Downtown 5th will have more than 1,000 units and 12,500 square feet of retail space when completed in summer 2021.
-
Rescore Property Corp. Secures $82M Refi for Florida High-Rise
Walker & Dunlop arranged the loan for the newly constructed project in Fort Lauderdale dubbed The Rise Flager Village.
-
Coral Rock Scores $54M Loan for Miami-Area Project
The construction financing will help bring 260 residential units to Pura Vida Hialeah, a nine-acre mixed-use development.
-
Prestige Cos. JV Lands $27M Loan for Miami Asset
Hunt Real Estate Capital provided Fannie Mae financing for the 174-unit community completed earlier this year.
-
Redwood JV Lands Financing for Miami-Area Townhome Project
City National Bank of Florida provided the construction loan for a 112-unit affordable development in Opa-locka, Fla.
-
AIMCO Acquires Miami Apartment Tower
Marcus & Millichap represented both parties in the portfolio deal that also included a nearby 4-unit property and a vacant lot.
-
Transwestern Breaks Ground on West Palm Beach Project
Boutique West Palm, expected to deliver in early 2022, will have 217 units and 6,000 square feet of ground-floor retail.
-
Berkadia Secures $14M Recap for Miami High-Rise
Charles Foschini and Christopher Apone structured the 10-year financing for the 100-unit community located near Miami River.
-
Inside South Florida’s Affordable and Market-Rate Development
Integra Investments’ Nelson Stabile on the latest trends in investor sentiment and the demand for suburban product in metro Miami.
-
Aria Tops Off Miami Mixed-Use Development
The development firm expects to complete the 31-story YOTEL-branded project in 2021.