City: Miami
GID Buys 240-Unit Apartment Property in Miami for $55.97Mln
South Florida Business Journal An affiliate of Avenir has sold the 240-unit Alta Mira apartment property in Miami for $55.97 million, or about $233,208/unit. The Aventura, Fla., multifamily investor sold the property to GID, a Boston asset manager. The property ...
Expansion Planned for Mixed-Use Complex in Miami’s Little Havana Area
South Florida Business Journal Gamla Cedron is looking to expand its Flagler Oasis mixed-use project in Miami's Little Havana area. The expansion is being planned for a 2.32-acre site at 1101 to 1155 West Flagler St. The Israeli company wants ...
Ground Breaks on 420-Unit Apartment Property in Miami
South Florida Business Journal Ground has broken on the first phase of the Modera Aventura apartment property in Miami. Mill Creek Residential is constructing the 420-unit property on 4.85 acres at 2681 NE 191st St., about one mile south of ...
$45.2Mln Lent Against Workforce-Housing Property in Suburban Miami
Alpine Townhomes has lined up $45.2 million of financing against The Mirage at Sailboat Cove, a 171-unit workforce-housing complex in Opa-locka, Fla., about 11 miles north of downtown Miami. The company owns 138 of the property's units. Units at the ...
Forman Capital Buys $24.1Mln Loan Against Miami Development Site
Forman Capital has acquired a $24.1 million performing loan against a 7.3-acre site in Miami that could be developed into as many as 1,800 apartment units. The Palm Beach, Fla., lender, which was relaunched earlier this year by Brett Forman, bought ...
Swiss Company to Build 26-Story Apartment Building in Miami
South Florida Business Journal Empira Group recently paid $21.5 million for a 1.03-acre development site in Miami's Brickell neighborhood for a planned apartment project. The Switzerland-based real estate company bought the site, at 244 SW Ninth St., from Progesti Corp. ...
120-Unit Apartment Property Proposed for Miami’s Flagami Neighborhood
South Florida Business Journal The Richman Group has filed plans to build a 120-unit apartment property in Miami's Flagami neighborhood. The West Palm Beach, Fla., developer has proposed building the property at 5645 SW Eighth St., just north of J. ...
Pinnacle Lines Up $72.3Mln of Construction Financing for Affordable-Housing Property in Miami
South Florida Business Journal Pinnacle has lined up $72.3 million in construction financing for Pinnacle at Tropical Pointe, a 215-unit affordable-housing property in Miami's Princeton neighborhood. Of the financing, Bank of America provided a $37 million construction loan as well ...
MF1 Capital Lends $165Mln Against Miami Mixed-Use Project
MF1 Capital has provided $165 million of financing against The Dorsey mixed-use property in Miami's Wynwood neighborhood. The 30-year loan pays only interest and allows the property's developer, a venture of the Related Group, LNDMRK and Tricera Capital, to retire ...
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