The Estate Companies, a subsidiary of Estate Investments Group (EIG), has sold the Soleste Twenty2 multifamily apartment complex in West Miami for $97 million. Soleste Twenty2 is located at 2201 Ludlam Rd. and was developed by The Estate Companies in 2019.
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Rilea Group Teams Up With RealtyMogul To Raise Equity Via Crowdfunding For Mohawk At Wynwood
Rilea Group has teamed up with leading real estate crowdfunding platform RealtyMogul to raise equity for their new mixed-use Wynwood project, Mohawk at Wynwood. The crowdfunding campaign for the 12-story project, which is located at 56 NE 29th St., launched on April 5
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Terra And New Valley Lock Down $64.8 Million Construction Loan For Natura Gardens Apartments
Terra and New Valley, the development partners behind Natura Gardens, a new multifamily community in Northwest Miami-Dade County, have secured $64.8 million in construction financing from Bank OZK. The loan will fund the ongoing construction of the 23-acre community.
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Turnberry Associates and LeFrak Organization Lock Down $32 Million Construction Loan For SoLé Mia
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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ROVR Development Launches Pre-Leasing At Grand Station Apartments In Downtown Miami
ROVR Development has launched pre-leasing for Grand Station Apartments, a 30-story apartment tower with 300 residences in Downtown Miami. The first tenants are expected to begin to move-in this summer. The $70 million development is a transformative public-private partnership with the Miami Parking Authority (MPA).
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The 48-Story Five Park Locks Town $345 Million Construction Loan In South Beach
The developers of Five Park, a 48-story residential tower coming to the entrance of South Beach at 500 Alton Road, has locked down a $345 million construction loan. The loan is the largest residential construction loan to be funded in South Florida since the pandemic took hold.
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Adler Group's Nexus Riverside Mixed-Use Multifamily Approved In Downtown Miami
Adler Group’s mixed-use Class-A multifamily project Nexus Riverside has been approved by Miami’s Planning & Zoning Department. Located at 230 SW 3rd St., Nexus Riverside will be a multi-phase project in which Phase 1 will feature 428 apartments units and 278,379 square feet of office.
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Una Residences by OKO Group and Cain International.
OKO Group and Cain International Complete $74 Million in Condo Sales Since the Start of the New Year at Miami’s Missoni Baia and Una Residences
Miami’s newest luxury condominium towers are tapping into a surge of domestic buyers fueled by the city’s desirable quality of life, lower business and living expenses, and Florida’s tax-friendly policies.
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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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First New Miami Building Breaks Ground in 2021
On Thursday, February 11th, Natiivo Miami - the first building purposefully designed, built and licensed for homesharing - officially broke ground in Downtown Miami. This event marked the first residential/hospitality groundbreaking post-pandemic and the first of 2021. The building, in the heart of Downtown Miami, is slated to top off in August 2022 and completion is projected for Q3 of 2023.
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