Miami
TODAY’S DEALS: Capital One Multifamily Provides Intercontinental with Acquisition Loans
Capital One Multifamily provides Intercontinental Real Estate with acquisition financing; a partnership between The Dolben Company and Klein Enterprises buys a Maryland asset and begins construction on its second phase; and HFF closes the $38.9 million sale of a property in Miami.
Ocean Land Set to Begin Work on Fort Lauderdale Condos
Ocean Land Investments has unveiled designs for two Fort Lauderdale condo developments that recently received city approval.
FAU Student Housing Community Receives Construction Financing
A partnership between Rosemurgy Properties, Giles Capital Group and Lewis Rental Pro has received construction financing for University Park, a to-be-built, 159-unit, 599-bed student housing community in Boca Raton, Fla.
Work Under Way on Mixed-Use Project in Miami’s Wynwood District
Work has started on Wynwood Central, a mixed-used project in the Wynwood district of Miami.
Market Snapshot: Miami Rent Growth Increases, So Does Vacancy
An increase in completions leads to higher vacancy in Miami, though the city retains the third highest occupancy in the nation.
First Post-Recession Condo Underway on Miami’s Brickell Avenue
Rilea Group is bringing Brickell Avenue something it hasn’t seen since the economic downturn: a new condo development. The Bond on Brickell, a 44-story luxury community, is expected to open in early 2016.
Newgard Breaks Ground on 352-Unit Condo in Downtown Miami
The first condominium to be built in Miami’s central business district in five years has broken ground.
Miami Still King to International Homebuyers
Although foreign buyers seem to be slightly less interested in Miami properties compared to the year before, Miami retains its spot as the most sought-after destination by international home buyers.
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