Miami
One Thousand Museum by Zaha Hadid Tops Off in Miami
On track for an early completion in 2018, the 62-story tower is the late Pritzker Prize winner’s first and final residential skyscraper in the Western Hemisphere.
Berkadia Secures Loan for $97M Florida Buy
Robbins Electra sold the 542-unit property to Advenir. Freddie Mac originated the $80 million value-add, three-year loan.
Advenir Acquires $97M South FL Community
Berkadia closed an $80 million Freddie Mac loan to fund both the acquisition and planned renovations of the 542-unit property.
Pinnacle Completes Miami Mixed-Income Community
The company delivered Pinnacle Heights, a 109-unit community largely designated for residents earning 60 percent or less of the area’s median income. The $35 million property also includes a few market-rate apartments.
Hunt Mortgage Refinances 2 FL Properties
The company secured $25 million in Fannie Mae loans for properties in Miami and Palm Beach County.
On the Market: 5 Interesting Listings for January
This month’s multifamily listings include a community in Vancouver’s Kitsilano neighborhood, apartments overlooking Biscayne Bay in Miami Beach and an asset located within a highly dense urban center in Pembroke Pines, Fla.
Miami Worldcenter’s First Residential Tower Tops Off
Scheduled for completion this fall, CAOBA will feature a wide array of amenities, including private balconies with views of Biscayne Bay and the downtown skyline.
JV Develops $36M FL Senior Housing
Housing Trust Group and Miami Jewish Health Systems are constructing Douglas Gardens V, a 110-unit community in Pembroke Pines.
Avison Young Taps New Miami SVP
Rosendo Caveiro joins the company’s investment sales platform as a senior vice president of the Multifamily Capital Markets team.
Terra Group Lands $57M for Pines City Center
The company’s 47-acre mixed-use development in Pembroke Pines, Fla., will include an apartment component comprising 387 market-rate units.