Oak Row Equities, a leading vertically-integrated real estate private equity and development company with over $3.9 billion of development in South Florida led by Erik Rutter and David Weitz, and LNDMRK Development, a principal based real estate company concentrated on mixed use urban development and opportunistic value based acquisitions led by Alex Karakhanian, have broken ground on 2900 Terrace.
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The Diver - Krave
Fisher Brothers Opens 'Calle Collective' Open Air Art Gallery At 'Joule House' in Wynwood
Community, culture, and art are the heartbeats of Wynwood, where every wall tells a story and every mural shapes its identity. Inspired by this notion, developer Fisher Brothers have unveiled Calle Collective—Wynwood’s newest open-air gallery where local art takes center stage.
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Mast Capital & AEW Sell 342-unit Apartment Building in Miami River District
Mast Capital and AEW Capital Management have completed the sale of Remi on the River, a 342-unit luxury apartment community along the Miami River, to Valeris Capital. CBRE’s Robert Given, Troy Ballard, and Michael Mulkern advised on the sale. The transaction highlights continued investor demand for well-located multifamily assets in Miami’s growing urban core.
Berkadia Secures $57M Bridge Loan for Midtown Capital Partners’ Lake Worth Apartment Project
Berkadia has arranged a $57 million bridge loan to refinance the construction debt on Astor Sound at Lake Worth, a new 230-unit multifamily community in Palm Beach County that is nearing completion.
The financing team included Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson, and Matt Robbins, along with Vice President Patrick Johnson. The loan was secured on behalf of the sponsor, Midtown Capital Partners, a Miami-based real estate investment advisor, operator, and developer with a portfolio spanning the U.S. and Spain. Infinity Collective originated the two-year loan, which includes an option for a six-month extension.
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'Wynwood Haus' Locks Down $56 Million Refinancing of Multifamily Apartment Tower Overseen By Berkadia
Berkadia, a distinguished leader in the commercial real estate sector, announces it arranged a $56 million loan to recapitalize Wynwood Haus, a newly built 224-unit multifamily community with ground-floor retail located at the entrance to Miami’s Wynwood neighborhood.
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13th Floor Investments to Break Ground on Link at Boca, a New Transit-Oriented Development in Boca Raton
South Florida’s push toward transit-oriented living continues as 13th Floor Investments has announced plans for Link at Boca, a mixed-use development set to rise adjacent to the Boca Raton Tri-Rail Station. The project, a public-private partnership with the South Florida Regional Transportation Authority.
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Baron Property Group Secures $206 Million Construction Loan For Metro Parc North in Hialeah
Miami- and New York-based real estate developer Baron Property Group (“BPG”) have closed on $206 million in construction financing for Metro Parc North, a new ground-up residential multifamily development in Hialeah, FL.
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American Landmark and BH Group Break Ground on 'The Current at City Center' At $1.5 Billion 'Southplace City Center' in Cutler Bay
American Landmark Apartments, one of the nation’s top apartment owners and operators, and BH Group, a Miami-based real estate investment firm, celebrated the groundbreaking of The Current at City Center, a 350-unit apartment community located on the site of Southland Mall in the southern Miami-Dade Town of Cutler Bay.
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Photo credit: Focus.
Focus and Group Fox secure administrative site plan approval for Brickell Apartment tower
Focus, a seasoned real estate development and construction firm, and Group Fox, a family-owned property and asset management firm, both headquartered in Chicago, have received administrative site plan approval for their latest project, the 517-unit Brickell Starlite apartment tower. This milestone sets the stage for the development of a 39-story luxury high-rise in the heart of Miami’s Brickell neighborhood.
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Fisher Brothers Rebrands Wynhouse Miami as Joule House, Set to Open Spring 2025
Fisher Brothers, a New York-based fourth-generation real estate company that owns, manages and operates unique spaces across the country, has rebranded their Wynwood luxury rental Wynhouse Miami to Joule House as the building prepares to welcome residencents in Spring 2025.
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