Subtext Opens 626-Bed VERVE Orlando Student Housing Development Near University Of Central Florida

Subtext has announced the opening of VERVE Orlando, a 626-bed student housing development at 3133 North Alafaya Trail near the University of Central Florida in Orlando. The 446,078-square-foot property features 200 residential units ranging from studios to five-bedroom apartments. Developed in partnership with FrontRange Capital Partners and Nuveen Real Estate, the project was designed by Dwell Design Studio, with interiors by ESG Architecture & Design. Live Oak Contracting served as the general contractor.

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Allen Morris Co., City Of Coral Gables, And Agave Holdings Partner On $10 Million Ponce Circle Park Redesign

Allen Morris Co. has announced a public-private partnership with the City of Coral Gables and Agave Holdings, owner of The Plaza Coral Gables, to undertake a comprehensive redesign of Fred B. Hartnett Ponce Circle Park at 2810 Ponce de Leon Boulevard in Coral Gables, Florida. The project, valued at more than $10 million, will introduce new public art, landscaped gathering spaces, an open-air performance venue, and pedestrian infrastructure improvements along surrounding streets. The redesign is led by Maria de la Guardia of de la Guardia Victoria Architects & Urbanists in collaboration with Andres Arcila of Naturalficial, with planting design coordinated with Fairchild Tropical Botanic Garden.

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Berkadia Arranges $36.7 Million In Financing For Three Multifamily Properties Across Florida

Berkadia has arranged $36.7 million in acquisition and refinancing loans on behalf of Rental Asset Management (RAM) for three multifamily properties across Florida, including two in Miami-Dade County and one in Pasco County. The transactions include acquisition financing for the newly completed RAM Four Hialeah in Hialeah and refinancing loans for The Devonshire in Miami Springs and Summer Lake Villas in New Port Richey.

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Ocean One Breaks Ground At 114-222 North Federal Highway In Boynton Beach

An official groundbreaking ceremony was held October 6 for Ocean One, an eight-story, 371-unit mixed-use development at 114-222 North Federal Highway in downtown Boynton Beach. Developed by Hyperion Group, Winter Properties, WREP, and Silverstein Properties and designed by Miami-based Arquitectonica, the project will include rental residences and 25,500 square feet of retail space. City officials, project partners, and community leaders attended the ceremony.

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