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