Miami
Miami Luxury Development Receives $58M Loan
Estate Investment Group secured the construction financing through Florida Community Bank. The community dubbed Soleste Twenty2 is slated for delivery in mid-2019.
Miami-Area Community Receives $32M Take-Out Loan
Berkadia arranged the 12-year loan through Fannie Mae. The community, completed in 2017, is located near the Ronald Reagan Turnpike and Homestead Air Reserve Base.
Northeast Buyers Shift Focus to Miami
Henry Torres, president & CEO of The Astor Cos., talks to MHN about how tax reform has encouraged buyers to look south, and why Coral Gables is proving to be an attractive place for investment.
FL Townhome Development Lands $7M Loan
RARE CRE secured financing for the construction of The Preserve at Hypoluxo, a 44-unit upscale community in Lantana, that includes a retail component.
Demand, Supply Still Sky High in Miami
The city’s multifamily market displays solid fundamentals and a diverse economic profile, although it remains challenged by a substantial amount of new supply.
Carrfour, Green Mills Complete Miami Affordable Housing
Karis Village, an 88-unit community, includes a computer lab, a fitness center and an outdoor barbecue area.
Encore Kicks Off Ft. Lauderdale High-Rise
The Rise Flagler Village is part of Encore Capital Management’s luxury The Rise product brand and is scheduled for completion in early 2020.
CIBC Provides $25M Construction Loan for Ft. Lauderdale Tower
Slated for delivery in 2020, the 46-level building known as 100 Las Olas is already one month ahead of schedule and projected to be the tallest of its kind in the city.
The Appeal of Boutique Condo Living in Bay Harbour Islands
Mark Pordes, CEO of Pordes Residential, discusses the attractiveness of the area’s luxury condo market and how the company’s 101 Bay Harbor development fits into the scenery.
Miami-Area Community Chooses New Management
The 226-unit garden-style community, situated between Miami and Fort Lauderdale, includes one- and two-bedroom apartments across more than 50 buildings.