Turnberry Associates, led by Jackie Soffer, and the LeFrak Organization, led by Richard LeFrak, have locked down a $32 million construction loan for the 187-unit Villa Solé at the $4 billion SoLé Mia mixed use masterplan in North Miami.
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Gazit Horizons Set To Clear Brickell Development Site For Brickell Gateway Mixed-Use Tower
Gazit Horizons, a subsidiary of Gazit Globe, has applied for a demolition permit to clear the way for Brickell Gateway, their proposed 650,000 SF mixed-use tower which will be built in-between Brickell City Center and Mary Brickell Village.
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Multiplan R.E.A.M. Breaks Ground On Luxe Boutique Condo Ocean Park South Beach In South of Fifth
On February 25, Florida-based Multiplan Real Estate Asset Management, broke ground on Ocean Park South Beach, an exclusive boutique condominium featuring a limited collection of 10 luxury beach residences in the prestigious South of Fifth enclave. MultiplanREAM executives in attendance included, Managing Partner, Marcelo Kingston
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Construction At The Gateway At Wynwood Ahead Of Schedule, To Be Completed 2nd Half 2021
Construction of The Gateway at Wynwood is speeding ahead of schedule with completion of the office building scheduled for the second half of this year. The developer has also released new renderings of the project’s 10th floor, which will only offer ‘spec suites.’
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Terra And Grass River Property Break Ground On Grove Central In Coconut Grove
Terra and Grass River Property have broken ground and are beginning vertical construction on Grove Central, a new mixed-use multimodal transit hub at the entrance to Miami’s Coconut Grove neighborhood. When complete Grove Central will be 23-story apartment building and home to South Florida’s newest Target and Total Wine stores.
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Villa Valencia Tops Off With $7 Million Sold In First 30 Days Of 2021 In Coral Gables
SPONSORED - Villa Valencia has topped off construction of the 13-story luxury condominium development on the heels of closing $7 million in sales within the first 30 days of 2021, an impressive position in the Coral Gables condo market. The project is now 40% sold.
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The Estate Companies, Merrimac Ventures And Tricera Capital Secure $56 Million Construction Loan For Soleste Cityline Apartments
The Estate Companies, Merrimac Ventures and Tricera Capital have secured a $56 million construction loan for Soleste Cityline, a multifamily development planned in Dania Beach. The loan was provided by Synovus Bank and the development partnership plans to break ground by the end of Q1 2021.
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Brad Meltzer Named Chairman And CEO of Plaza Construction
Brad Meltzer has been named Chairman and CEO of the New York-based Plaza Construction as long time Chairman and CEO Richard Wood has officially retired. Meltzer is prompted from President and Christopher Mills has been promoted from COO to President.
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Terra And New Valley Break Ground On Natura Gardens Multifamily Development In Northwest Miami-Dade
Terra and New Valley have broken ground on Natura Gardens, a 27-acre multifamily development encompassing 460 garden-style rental apartments. The news comes approximately one year after the partnership finalized the purchase of a 72-acre development site in northwest Miami-Dade.
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LA CLARA Locks Down $110 Million In Construction Financing In West Palm Beach
Great Gulf and Terrace Mountain Investors have obtained $110 million in construction financing from Bank OZK for LA CLARA, a 25-story, 83 unit condo tower under construction in West Palm Beach. Sales have reportedly eclipsed 50% and over $100 million including an $8.9 million penthouse.
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