Miami

Top Markets for Multifamily Construction in 2020 – Part I

COVID-19’s impact on multifamily development varies widely by location. In the first of two parts, we draw on Yardi Matrix data to identify the sixth through 10th most active markets nationwide.

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.

Fairstead Makes Boca Raton Senior Housing Purchase

The buyer plans to invest $6 million in fully rehabilitating the 101-unit property.

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.

RKW Residential Adds 5 Communities to Management Portfolio

The properties total more than 1,500 units and are located in North Carolina and Florida.

HTG Starts Work on Affordable Project Near Fort Lauderdale

The developer received $36 million in financing for a 96-unit development catering to low- and middle-income residents.

Altman Cos. Starts Work on Miami Community

The developer has obtained a construction loan for the 312-unit project, which it is building in partnership with The Mattoni Group.

Fairstead Pays $30M for Fort Lauderdale Senior Housing

The buyer of the 123-unit Section 8 community in Sunrise, Fla., plans to invest in a multimillion-dollar rehabilitation program.