Real estate developer ACRE has received funding for the second phase of Adela at MiMO Bay in Miami. Canyon Partners Real Estate provided the $123.8 million senior loan.
A joint venture between New York-based Procida Development Group and Miami-based Trè Bèl Housing Group have proposed an affordable housing project in West Palm Beach.
Miami-based Dragonfly Investments has submitted plans for a mixed-income housing project in Hallandale Beach.
Three developers are proceeding with a luxury hotel-condo project in Wynwood.
Olivette has topped out in Tampa’s emerging Gasworx project. The 10-story venture, billed as the tallest building in Gasworx, will feature a total of 376 apartments, along with 29,000 square feet of ground-floor retail.
