Miami-based 1140 East Owner LLC has secured a $43.3 million construction loan for an affordable apartment complex in Hialeah. The Nexus Leah is set to measure eight stories above grade and comprise 189 apartments.

Two local developers have joined forces on a condo-hotel under the Marriott banner in St. Petersburg.

MICL and Admire Capital have announced The Ritz-Carlton Residences, Fort Lauderdale Beach, a 13-story dual-tower waterfront residential development planned for 551 Bayshore Drive in Fort Lauderdale. Designed by Garcia Stromberg with interiors by Dan Fink Studio, the boutique project will comprise 83 private residences positioned between the Atlantic Ocean and the Intracoastal Waterway. Plans call for a limited collection of two- and three-bedroom homes with dens, ranging from approximately 1,550 to 3,480 square feet, and six penthouses with ceiling heights up to 11 feet. The massing of the two 13-story structures responds to the waterfront setting, with layouts oriented to maximize natural light, cross-breezes, and views of both the Intracoastal and the Atlantic Ocean.

Orlando is experiencing an accelerated period of economic expansion, with local officials citing the metro’s recent leadership in job, population, and GDP growth among large U.S. markets. The region added more than 37,000 jobs over the past year and continues to report record-setting international travel through Orlando International Airport. That momentum is drawing increased attention from Miami-based development firms, several of which have recently advanced large-scale residential and mixed-use proposals across downtown and key growth corridors in Central Florida.