Miami
Kolter Urban Tops Off Palm Beach Luxury Condo Tower
The 48-unit project dubbed 5000 North Ocean is scheduled for delivery in the fall of 2019. KAST Construction serves as general contractor.
Gables Residential Adds 200 Units to Miami Luxury Supply
Gables Columbus Center is a 19-story community in downtown Coral Gables, Fla. Monthly rents here start at $2,306 per month.
Walker & Dunlop Facilitates $37M South Florida Transaction
Managing Directors Roberto Pesant and Chris Conklin, together with Senior Analyst Omar Morales of Walker & Dunlop Investment Sales represented the seller, Principal Real Estate Investors.
Luxury Miami Tower Lands $138M Financing
Walker & Dunlop arranged the construction loan on behalf of the developer, Two Roads Development. The 100-unit Elysee broke ground in 2017 and is scheduled for completion by 2020.
Cushman & Wakefield Arranges $60M Miami Sale
Advenir acquired the value-add Vista Verde at Westchester, which includes 302 units. The community is located near Florida International University.
South FL Asset Lands Freddie Mac Refi
HFF originated the new $22 million financing package, replacing a previous, floating-rate CMBS loan of $17 million taken in 2015.
Miami Community Lands $36M Refi
Miami Stadium Apartments, the former site of the Miami Marlins minor league stadium, was converted to multifamily housing in 2002 and offers a fitness center, a playground and a swimming pool.
A Look Inside PMG’s X Social Communities
Principal Ryan Shear spoke to MHN about the strategy behind the company’s new housing division, projects underway and the unique features of these modern homes.
JV Tops Off Miami Tower
PARAMOUNT Ventures and CoastalTishman’s luxury condo asset, situated within the 27-acre, mixed-use Miami Worldcenter development, comprises 500 units and offers access to various amenities, including a yoga studio, an observatory and a dog park.
Construction Surge Dilutes Rent Growth in Miami
Following another record-breaking year for multifamily deliveries, the metro is on the verge of oversupply. As new units add up to the existing stock, we expect rents to rise 3 percent in 2018.