Residential

Onyx Housing Group Closes On Land For 159-Unit Multifamily ‘Regatta Point’ In Homestead, Florida

8:00 am on March 18, 2024 By Oscar Nunez

Today Onyx Housing Group, a multifaceted real estate development firm based in South Florida, announced the closing of six land parcels at 16300 Southwest 296th Street in Homestead, Florida. The 150,201 square foot, 3.45 acre-lot was asking $4.95 million and will be the future home of Regatta Point, a $46.5 million-dollar multi-family project. Current Real Estate Advisors’ Alejandro Snyder & Michael Williams represented Onyx Housing Group and Lisa Gonzalez (KW Commercial) represented the sellers, Jeffrey Jay and Ana Maria Butt. Regatta Point is the second south Miami-Dade project by Onyx partners Shadi Shomar & Gonzalo De Ramon. Shomar also leads Miami-based Arte Hospitality, a hotel firm that owns properties including Bentley Hotel South Beach at 510 Ocean Drive in Miami Beach.

Oak Row Equities Closes $181M Construction Loan From Bank OZK For 2600 Biscayne Boulevard In Edgewater, Miami

8:00 am on March 17, 2024 By Oscar Nunez

Oak Row Equities has closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily tower in Miami’s rapidly-maturing Edgewater submarket. This transaction is one of the largest mixed-used construction loans to close in South Florida in the past year. Newmark’s Dustin Stolly, Jordan Roeschlaub, Chris Kramer, and Daniel Matz arranged the financing. Remarkably, 50% of 2600 Biscayne’s office and retail space was pre-leased before breaking ground, marking it as one of Miami’s most pre-leased new construction office buildings.

Developer Proposes 396-Foot-Tall ‘3200 Biscayne’ for 3200 Biscayne Boulevard, Miami, FL

7:00 am on March 16, 2024 By Colt Dodd

Miami-based Green Circle Development LLC, an affiliate of Urbanica Hotels, has proposed a 35-story mixed-use high-rise in Miami’s Edgewater neighborhood. 3200 Biscayne would comprise 677,813 square feet of new construction.

‘The Hartford’ to Offer 95 Apartments at Hartford Street North and 32nd Avenue North, St. Petersburg, FL

7:00 am on March 15, 2024 By Colt Dodd

The St. Petersburg Housing Authority (SPHA) and Blue Sky Communities have teamed up on a new affordable housing complex in Pinellas County. The Hartford will comprise 95 residential units––a 102 percent increase from the original 47 units proposed. Communal amenities could include pickleball courts and shuffleboard.

Swire Properties Unveils First Preview Of ‘The Residences at Mandarin Oriental, Miami’

8:00 am on March 14, 2024 By Oscar Nunez

Swire Properties today unveiled the first official preview of The Residences at Mandarin Oriental, Miami, ahead of the official launch of sales scheduled for later this spring. The Residences, an exquisite collection of private homes, is part of an unparalleled residential and hospitality destination set within a secluded island sanctuary, only moments away from Miami’s vibrant urban core. This unprecedented development on Brickell Key will also be home to what will become Mandarin Oriental’s North American flagship hotel.

Developers Propose ‘Aventana’ for 19640 Harriet Tubman Highway (formerly West Dixie Highway), Miami, FL

7:00 am on March 14, 2024 By Colt Dodd

Ram Realty Services and Pinnacle Communities have filed a pre-application for Aventana, a 16-story residential tower in Miami’s Ojus district.

Ytech Reaches Sales Milestone For The Residences At 1428 Brickell Project While Securing $104 Million In Financing.

8:00 am on March 12, 2024 By Oscar Nunez

Ytech has surpassed significant financial and sales milestones for The Residences at 1428 Brickell, securing $104 million in financing and exceeding 40% in sales within a year. Designed by Arquitectonica, with interiors by ACPV Architects and landscaping by Arquitectonica GEO, this 70-story, 860-foot-tall development positioned at one of Brickell Avenue’s most coveted locations, reflects a strong demand for its exclusive 189 residences. This financial infusion, arranged by Linkvest Capital with $78 million in refinancing for the first mortgage and an additional $26 million in first mortgages from Banesco for 1500 and 1548 Brickell Avenue, propels the development into its subsequent phases, including demolition and construction. John Moriarty & Associates is the general contractor.

234-Unit ‘Trinity Sierra Bay’ Proposed for 11770 SW 214th St, Miami, FL, 33177

7:00 am on March 12, 2024 By Colt Dodd

A South Florida-based developer hopes to get approval for Trinity Sierra Bay, an age-restricted housing development in Miami’s Goulds neighborhood. The complex would offer 234 apartments split between two buildings, measuring five and seven stories above grade.

Affordable Housing Complex ‘the Preserve at Wards Creek’ Proposed for St. Johns County, FL

7:00 am on March 11, 2024 By Colt Dodd

Developers hope to get final approvals for the Preserve at Wards Creek, a 19-acre affordable housing complex in St. Johns County. Our sources report that the venture would offer 288 residences, with floorplans ranging from two-bedroom to four-bedroom units.

Construction Starts on ‘the Sora Vista Apartments’ in Palm Harbor, FL

7:00 am on March 10, 2024 By Colt Dodd

Johnson Development Associates has broken ground on the Sora Vista Apartments, a residential development in Palm Harbor. The garden-style community will offer 264 residences, measuring 800 t0 1,400 square feet each.

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