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Miami-based Related Group has plans for an apartment complex in Fort Lauderdale.

National real estate development and investment firm Naftali Group is pleased to announce it has secured a combined $465 million in construction loan financing for the development of JEM Private Residences in Downtown Miami. Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions and an affiliate of Nuveen, provided $235 million in C-PACE financing, while Bank Hapoalim (BHI) supplied an additional $230 million in traditional construction loans.

Monument Capital Management, an A Rod Corp company, has completed the acquisition of Grove Park Apartments, a 324 unit Class A multifamily community in Tallahassee, Florida. Monument Real Estate Services, an affiliate of Monument Capital Management, will oversee management of the property.

Three developers have started construction on a four-story housing development for seniors in Central Florida.

South Florida developers 13th Floor Investments and Key International, in partnership with CDS International Holdings and Wexford Capital, have broken ground on Skye, a 327-unit multifamily community within the 50-acre Parks at Delray development in Delray Beach. The project is being financed with a 79.2 million dollar construction loan from CIBC Bank USA and follows the completion and lease-up of Savio, the joint venture’s first residential phase. Construction is scheduled to be completed in 2027.