Articles by Oscar Nunez

Related Ross has secured a $772 million construction financing package for two new office towers at CityPlace in downtown West Palm Beach, marking both the largest financing transaction in the firm’s history and the largest construction loan ever recorded in Florida. The financing was led by Ares Real Estate funds, with Monarch Alternative Capital and HPS Investment Partners also participating. Eastdil Secured, LLC served as the exclusive financial advisor. Proceeds will fund development of 10 CityPlace and 15 CityPlace, two office towers planned at the center of the CityPlace district.

CMC Group has completed Vita at Grove Isle, a 7-story boutique waterfront condominium located on the private island of Grove Isle in Miami’s Coconut Grove neighborhood. Following the issuance of a Temporary Certificate of Occupancy, unit closings are now underway at the development, which contains 65 condominium residences.

Plans have been filed with Miami’s Urban Development Review Board for Helm Design District, a mixed-use development proposed at 220 NE 43rd Street in Miami’s Design District. The application was submitted by 4201 NE 2 Ave LLC, an affiliate of HELM Equities LLC, and outlines a two-building project consisting of a 36-story residential tower and an 8-story commercial and office building. The development is designed by CUBE3, with Savino Miller serving as landscape architect, Kimley-Horn as civil and traffic engineer, and SMGQ Law representing the applicant on land use matters.

Starlife Group has topped off 21 Hollywood, a 14-story mixed-use residential building under construction at 2100 North Federal Highway in Hollywood, Florida, marking completion of the project’s superstructure less than one year after groundbreaking. The milestone was celebrated alongside Hollywood Mayor Josh Levy, members of the Hollywood City Commission, project partners, and community stakeholders, together with Starlife Group Founder and CEO Gevorg Shahbazyan and the firm’s leadership team. Upon completion, the development will deliver 200 rental apartment residences and approximately 10,000 square feet of ground-floor retail space, with opening anticipated in early 2027.

The Fort Lauderdale Downtown Development Authority and the Huizenga Park Foundation have announced the grand reopening of Huizenga Park, a 3.6-acre riverfront public space in Downtown Fort Lauderdale, following a two-year, $15 million redevelopment effort. The park will officially reopen to the public during a two-day community celebration scheduled for January 24 and 25, 2026.