Miami
Related Lands $52M for FL Community
JP Morgan arranged the construction loan for Town Southern, located in Royal Palm Beach. The 392-unit community is scheduled for completion in 2018.
Miami’s 1010 Brickell to Begin Closings
The 389-unit tower, a partnership of Key International and 13th Floor Investments, underwent 36 months of construction and is currently 99 percent sold.
Silverstone Debuts Palm Beach Gardens Senior Housing
Harbor Retirement Associates operates the 120-unit property, which provides assisted living and memory care services, in addition to HarborChase of Southlake and HarborChase of The Park Cities, both of which are slated to open in the first quarter of 2018.
Luxury FL Community Sells for $118M
Walker & Dunlop closed the investment sale for The Quaye at Palm Beach Gardens. The company worked on behalf of HG Management and PGIM Real Estate to purchase the community in July.
TH Real Estate Picks Up 228-Unit FL Community
The Nuveen affiliate acquired The Atlantic at East Delray in Delray Beach for $54.3 million. An ARA Newmark team represented the seller in this transaction, a joint venture between Pollack Shores and its equity partner.
PPD Holdings Eyes $111M to Build, Refi
The company received $47 million to refinance a pair of Greater Atlanta communities and awaits final approval of $64 million in construction financing for 464 units in Florida.
University Developments Brings Student Condos to Miami
The 492-unit University Bridge Residences will serve Florida International University students and is scheduled for completion in time for the 2020-2021 academic year.
NR Investments Tops Off Miami Condos
In a nod to the surrounding artistic influence, one of the newly unveiled features of the tower is a collaborative installation involving 22 renowned street artists.
HTG Begins Construction on $36M Miami Affordable Housing
Princeton Park, set to open in August of 2018, will feature 150 units of one- two- and three-bedroom floorplans for family households earning at or below 60 percent of the area median income.