Residential

Pearl Sunrise to Replace Ice Skating Rink at 3363 North Pine Island Road, Sunrise, Florida

Pearl Sunrise, a multi-family housing development, could soon replace a long-abandoned ice skating rink in Sunrise, Florida. The Real Deal reports that the venture may comprise 452 apartment units. The South Florida Business Journal reports that 15 percent of those units will be set aside for those making up to 120 percent of the area’s median income. Homes vary from one-bedroom to three-bedroom layout plans.

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Anthology Senior Living at Bonyton Beach to Open at 9776 South Jog Road, Boynton Beach, Florida

Anthology Senior Living is opening a facility in Boynton Beach, Florida. The development started construction in 2021, with CA Ventures operating as the general contractor. It could open in the first quarter of 2023. The $22.7 million venture will offer “unrivaled hospitality accommodations and care” to older adults in need of assisted living and memory care services.

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Namdar Group Issued $195 Million Loan For Two Apartment Towers In Downtown Miami

Great Neck, NY-based real estate investment and development firm Namdar Group has secured $195 million in acquisition and construction funding for Namdar Towers, two residential buildings of 41- and 43-stories planned for 222 Northeast 1st Avenue in Downtown Miami. The loan came from an affiliate of New York’s Slate Property Group – SCALE Lending – brokered by associates of Greystone Capital Advisors. Plans for the residential project include 1.2 million square feet of space with 1,354 residential units between both towers.

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Harbor Grove Apartments Finishes Construction at 3250 Southeast Commerce Avenue, Stuart, Florida

Harbor Grove Apartments has recently finished construction in Stuart, Florida. The $28 million multifamily housing complex offers more than 320 apartments, measuring 618 square feet to 874 square feet each. Apartments.com notes that layout plans comprise one-bedroom to two-bedroom homes. Rent begins at $1,925 a month, although this could change with time.

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