Articles by Oscar Nunez

HTG Completes Father Marquess-Barry Apartments, An Affordable Housing Community In Overtown, Miami

Housing Trust Group (HTG), an award-winning multifamily developer and one of the nation’s largest developers of affordable housing, recently held an official grand-opening for the completion of Father Marquess-Barry Apartments, a $18.5 million affordable housing community for seniors located at 301 Northwest 17th Street in the historic Overtown neighborhood of Miami. Designed by Modis Architects with interiors by B Pila Design Studio and landscaping from JBC Planning and Design, Father Marquess-Barry Apartments contains 60 one- and two-bedroom residential units with rents ranging from $372 to $1,200 per month for income-qualifying seniors ages 62 and up who earn 40 percent and 60 percent of area median income. The property leased up rapidly and is 100 percent occupied.

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Innovation Tower’s Exterior Nears Completion At 225 E. Rollins Street In North Orange, Orlando

Exterior work is nearing the finish line on Innovation Tower, a 12-story state-of-the-art medical office building at 225 East Rollins Street in North Orange, Orlando. Designed by HuntonBrady Architects and developed by Peachtree Corners, Georgia-based Meadows & Ohly, the 149-foot-tall structure will yield 326,000 square feet of space housing a mix of medical offices, research and testing centers, healthcare centers and hospital uses. The project is part of AdventHealth’s 172-acre Health Village community just minutes north of Downtown Orlando that comprises apartments, a hotel, additional hospital beds, medical office spaces, general office space and retail shops. Batson-Cook Construction is the general contractor.

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Oak Row Equities (Formerly Carpe Real Estate Partners) Acquires 2.1-Acre Edgewater Assemblage For Mixed-Use Development

Carpe Real Estate Partners, a vertically integrated real estate private equity and development company, founded by Erik Rutter and David Weitz in 2018, announced a rebrand to Oak Row Equities. The name change comes as the company continues to mature from its launch in 2018 with one property under management to now over three million square feet under development and one billion dollars of assets under management. In addition to the rebrand, Oak Row Equities announced that it has closed on the acquisition of a 2.1-acre site on one of the last remaining undeveloped city blocks in the urban core. The firm acquired 2600 Biscayne Boulevard in Miami’s popular Edgewater neighborhood for $35 million to develop a mixed-use project designed by architecture firm Arquitectonica. Oak Row Equities is one of Miami’s fastest-growing real estate development firms with active projects in Wynwood, North Miami Beach, Edgewater, and the Design District.

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Forest Development Announces Joint Venture Partners And Closing Of $269 Million Construction Loan For 24-Story Nautilus 220

Forest Development announced that it has engaged in a joint venture partnership with Royal Palm Companies for Nautilus 220, a two-towered condominium development of 24 stories at 220 Lake Shore Drive in Lake Park, Florida. The mixed-use development is designed by R+N Architecture with Interiors by Steven G. and landscaping from Insite Studio, and comprises 330 condominium residences across both towers with restaurants, retail, and offices alongside a marina. A $269 million construction loan from Fortress Investment Group LLC has closed for Nautilus 220, with financing arranged by Concord Summit Capital.

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Kolter Urban Breaks Ground On 42-Story Art House In The Heart Of Downtown St. Petersburg

Palm Beach, Florida-based real estate development and investment firm Kolter Urban has broken ground on Art House, a 42-story luxury condominium development located at 200 Central Avenue in the heart of Downtown St. Petersburg. Designed by SB Architects with interiors by ID & Design International Interior Design and landscaping by Kimley-Horn Landscape Architects, the 450-foot-tall development will deliver 244 spacious residential units in a variety of two- and three-bedroom layouts, including 12 lavish penthouse units. The ground floor will be activated with 6,000 square feet of retail and restaurant space, and the tower will sit atop an 8-story parking garage for 482 vehicles. Coastal Construction is the general contractor, projecting to complete construction and deliver the project by late 2024. 

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