Residential

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

8:00 am on July 2, 2022 By Oscar Nunez

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.

Riverside6 To Offer Affordable Housing at 6th Avenue and 9th Street, Bradenton, Florida

7:00 am on July 2, 2022 By Colt Dodd

Riverside6 has one goal: to offer “truly affordable” housing for those living in Bradenton, Florida. The five-story complex will offer 80 units, comprising one-bedroom to three-bedroom apartments.

The Canopy at Babcock Ranch Planned for 17174 Curry Preserve Drive, Punta Gorda, Florida

7:00 am on June 29, 2022 By Colt Dodd

Construction continues on the Canopy at Babcock Ranch, a residential development in Punta Gorda, Florida. DeAngelis Diamond Construction, Inc. is the general contractor and broke ground on the $91 million venture this spring.

Sixty90 Apartments To Offer Affordable Housing Options at 6090 Central Avenue, Gulfport, Florida

7:00 am on June 28, 2022 By Colt Dodd

Sixty90 Apartments is headed to St. Petersburg, Florida. The $78.2 million venture could start construction later this year, with completion scheduled for 2023. The development’s website reports that the mixed-use development will measure four stories above grade and yield 204 residential units.

The Beacon To Offer Luxury Homes at 1243 2nd Street, Sarasota, Florida, 34236

7:00 am on June 27, 2022 By Colt Dodd

Construction’s expected to start on the Beacon later this year in Sarasota, Florida. The luxury housing development will offer six residences, including two penthouses measuring around 7,000 square feet each.

Eden at Heritage Lakes Slated for St. Johns Heritage Parkway and Ellis Road, West Melbourne, Florida

7:00 am on June 26, 2022 By Colt Dodd

Eden at Heritage Lakes could start construction in December 2022, sources report. The $108.4 million venture would comprise more than 380,000 square feet of new construction, offering 278 one-story horizontal apartments and 98 two-story townhomes.

One Park Sarasota Opens Sales Gallery at 20 N. Lemon Ave., Reaches 50% Sold Mark

8:00 am on June 25, 2022 By Oscar Nunez

National developer Property Markets Group (PMG) and Sarasota-based JEBCO Ventures, are pleased to announce the grand opening of One Park Sarasota’s Sales Gallery located at 20 North Lemon Avenue. The sales gallery launches at the heels of astounding sales success, having sold over 50% of its units and slated to break ground in Q1 of 2023. One Park’s experiential sales gallery features a high tech immersive 10’ tall x 16’ wide LED wall that showcases the development and bay area, a full-size model kitchen, and an owner’s suite grand closet. Experience exceptional service and a serene ambiance as you immerse yourself in luxury living reimagined.

New Multi-Family Development Could Start Construction at Southwest 145th Avenue, Pembroke Pines, Florida

7:00 am on June 25, 2022 By Colt Dodd

Not too long ago, TPA Development finished construction on one of its office buildings in Broward County, Florida. Now, the firm hopes to start construction on another venture. The Real Deal reports that the residential venture will be completed in phases, with phase 1 offering 350 multi-family units.

Adam America And Stellar Communities Purchase 7.2 Acres For 275-Unit Multifamily Development In Dania Beach

8:00 am on June 24, 2022 By Oscar Nunez

AARE Sunbelt, an affiliate of Adam America Real Estate, a privately held real estate development and investment company with over 42 renovation and development projects launched since 2009, and Stellar Communities, a leading residential real estate development company in Florida with 3,000 homes delivered since 2009, recently announced the acquisition of 7.2 acres of fully-entitled land at 4200 Southwest 54th Court in Dania Beach, Florida. The joint-venture partners plan to build a 6-story, 275-rental-unit multifamily development in close proximity to the newly built Seminole Hard Rock Hotel & Casino. The transaction marks the joint-venture partners second land acquisition planned for multifamily development in the heart of South Florida.

Progress at University Proposed at 1400 Desoto Road, Sarasota, Florida

7:00 am on June 24, 2022 By Colt Dodd

MMI Development hopes to move forward with a $105 million residential venture in Sarasota County. Progress at University could comprise five four-story buildings, offering 280 multi-family units on a 16.57-acre lot. Records from Sarasota County report that the proposed build site formerly served as overflow parking for the now-defunct greyhound racing stadium.

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