As demand for apartment living in Miami Beach continues to reach record levels, Mast Capital, led by Camilo Miguel Jr., in partnership with Rockpoint, have launched its latest multifamily community set to transform the entry to Miami Beach at the intersection of the Julia Tuttle Causeway and Alton Road. Mast Capital and Rockpoint plan to develop a nine-story multifamily development with 178 units, located just off the Julia Tuttle Causeway.
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Matthew Villetto with Douglas Elliman, Mayor Fuller, James Curnin Developer Clara Bay Harbor, Jay Parker CEO of Douglas Elliman Florida, Joe Azar with Douglas Elliman
Clara Homes Breaks Ground on 'Clara Bay Harbor' On The Coveted Bay Harbor Islands
On the heels of closing on a $26 million construction loan for Clara Bay Harbor, Clara Homes has broken ground on Phase 1 of its luxury rental development, Clara Bay Harbor. Located at 10281 W. Bay Harbor Drive, the first building, a six-story midrise, will feature 28 well-appointed apartments designed with the same quality and level of finish as a luxury condominium. Inspired by New York’s famous apartment buildings, with personalized doormen and concierge service.
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13th Floor and Adler Group Complete Phase 1 of Miami's Link at Douglas Transit-Oriented Development Where Coral Gables Meets Coconut Grove
A JV between Miami-based real estate developers 13th Floor Investments and Adler Group has completed the first phase of Link at Douglas, a 7-acre master planned development that has transformed Miami-Dade County’s Douglas Road Metrorail Station into a mixed-use transit hub at the confluence of Miami’s Coral Gables and Coconut Grove neighborhoods. Now complete and open to the public, the project’s first phase encompasses two residential towers with a total of 733 apartment units.
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Robert Lapidus, Erik Rutter, Marcelo Claure & David Levison
L&L Holding Company and Oak Row Equities Break Ground On 'The Wynwood Plaza' One Million Square Foot Mixed Use Campus
L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Properties and co-investor Claure Group, have broken ground on The Wynwood Plaza, a 1-million-square-foot mixed-use campus at 95 NW 29th Street in Miami’s Wynwood Arts District. This milestone, which took place with a groundbreaking celebration on March 2, followed by an afterparty at Oak Row Equities’ Oasis Wynwood, comes on the heels of securing $215 million in construction financing.
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Rilea Group Acquires Final Parcels To Complete Assemblage for Mohawk Wynwood
Rilea Group has closed on an expansion of its assemblage for its rental project Mohawk at Wynwood for $5.7 million, represented by Alfredo Riascos of Gridline Properties. The seller was represented by Alfonso Jaramillo of Fortune. The purchase brings Mohawk’s site to 78K square feet, which sits adjacent to its short-term luxury rental property, The Rider Wynwood.
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Clara Homes Closes On $26 Million Construction Loan For Clara Bay Harbor Luxury Rental Development
The Miami-based Clara Homes, led by James Curnin, has closed on a $26 million construction loan financed by Maxim Capital for Clara Bay Harbor. The three-building development, Miami’s most anticipated new ground-up luxury rental community, will feature 150 total residences with five-star service and a suite of thoughtful amenities. Clara Bay Harbor’s first building is slated to break ground this March.
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Royal Palm Companies Locks Down $76.5 Million Construction Loan For Elevate Apartments In Dania Beach
Dan Kodsi’s Royal Palm Companies has locked down a $76.5 million construction loan for Elevate Apartments in Dania Beach. The 36-month financing was provided by the Miami-based 3650 REIT and replaced a previous $64 construction loan. The multifamily project, which is located at 600 East Dania Beach Blvd., is roughly halfway complete.
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Luxury Rental Residences Clara Bay Harbor Gets City Approval For Second Building
Clara Homes, a vertically integrated real estate development firm led by James Curnin, has received city approval of its second building at Clara Bay Harbor, a three-building ultra-luxury rental community being developed on the exclusive Bay Harbor Islands. Clara Bay Harbor will deliver a collective 150 luxury rental residences and will be completed in three phases.
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Pre-Leasing Launches For Cascade Luxury Rentals At Link At Douglas
The demand for upscale living near accessible transportation hubs in Miami is stronger than ever as connectivity and location are highly desired attributes. Cascade – the second multifamily tower to be delivered within the seven-acre Link at Douglas masterplan development – is redefining luxury living with this notion. Set adjacent to the Douglas Road Metrorail Station, The Underline linear park, and the city’s main thoroughfare of US-1, the transit-oriented property has officially commenced pre-leasing.
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MG Developer and Baron Property Group Secure $148 Million Construction Loan From Post Road Group For Metro Parc
MG Developer and Baron Property Group, in partnership with Township Capital, have secured a $148 million construction loan from Post Road Group for Metro Parc, a 10-story, two-tower apartment rental property located at 955 East 25th Street and 980 East 26th Street in Hialeah, Florida. Metro Parc is a 2.5-acre residential mixed-use development that will rise 10-stories and deliver 559 rental apartments ranging from 500 to 800 square feet.
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