Residential

$103 Million Loan Secured for Mixed-Use Development ‘The Gardens Residences’ in North Miami

8:00 am on September 25, 2024 By Oscar Nunez

Berkadia has arranged a $103 million construction take-out loan for The Gardens Residences, a mixed-use multifamily project in North Miami being completed in two phases. The financing was secured by Berkadia’s Senior Managing Director Charles J. Foschini, Managing Director Christopher Apone, Vice President-Originations Lourdes Carranza-Alvarez, and Associate Director Shannon Wilson on behalf of the sponsor, Omega Real Estate Management, a vertically integrated real estate management company focused on redeveloping downtown North Miami.

Mill Creek Residential Proposes ‘Modera Boca’ for 400 South Dixie Highway, Boca Raton, Florida

7:00 am on September 23, 2024 By Colt Dodd

Boca Raton-based Mill Creek Residential could replace a mixed-use building with a 12-story residential venture in Palm Beach County. Modera Boca would comprise close to 330,000 square feet of leasable space.

$77.8 Million Loan Secured for Short-Term Rental Condominium Project in Miami’s River District

8:00 am on September 22, 2024 By Oscar Nunez

Forman Capital, a private direct real estate lender, has provided a $77.8 million loan to finance the construction of River District 14, a short-term rental condominium project in Miami. Developed by Alta Development, the project will be situated on a 1.3-acre site at 1420 NW 14th Ave., near the Miami River. Construction is set to commence before the end of the year.

Developers Propose 42-Unit ‘River Square’ for 2655 N.E. 205th Street” Miami, FL

7:00 am on September 22, 2024 By Colt Dodd

Two Sunny Isles Beach-based developers have proposed a mid-rise housing complex in Miami-Dade County.

Nurock Cos. Proposes ‘the Residences at Foxcroft Cove’ for 3300 Foxcroft Road, Miramar, FL

7:00 am on September 21, 2024 By Colt Dodd

Miramar’s City Commission considered plans for “the Residences at Foxcroft Cove” on September 18th. Georgia-based Nurock Cos., which has the build site under contract from IT Webcam LLC, has plans for a mid-rise housing development.

120-Home ‘Coopers Meadow’ Finishes Construction at 8132 Lilias Circle, Jacksonville, FL

7:00 am on September 20, 2024 By Colt Dodd

Arizona-based Taylor Morrison has announced that a single-family development in its pipeline has reached completion. Coopers Meadow is a 120-home community, offering residences measuring 1,500 to 2,116 square feet.

Luxury Development ‘Layton Pointe’ to Offer 31 Homes at 3900 Sherwood Boulevard, Delray Beach, FL

7:00 am on September 19, 2024 By Colt Dodd

In December 2023, Pennsylvania-based Toll Brothers purchased an 11-acre site for $8.5 million. Less than a year later, the developer has plans for a single-family development known as “Layton Pointe”.

‘Historic Kenwood Homes’ to Offer Five Upscale Townhomes at 2168 9th Avenue North, St. Petersburg, FL

7:00 am on September 18, 2024 By Colt Dodd

This past June, Florida YIMBY reported on Sunset Palms Luxury Townhomes, an upscale housing development in St. Petersburg. Developed by husband-and-wife duo Max and Kaitlin Vollmer, the venture will deliver five three-bedroom residences spanning 1,950 square feet. Now, we’ve learned of another venture in the developers’ pipeline, a project called “Historic Kenwood Homes”.

Miami Urban Development Review Board to Consider ‘2157 Flagler Residences’ for 2157 and 2199 West Flagler Street, Miami, FL

7:00 am on September 17, 2024 By Colt Dodd

A retail plaza with buildings constructed in the 1960s and 1970s could be replaced with a project dubbed “2157 Flagler Residences”. WR Flagler LLC has proposed an eight-story venture comprising 197 apartments ranging from 524 to 1,056 square feet.

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