A partnership led by Gencom, a global hospitality and real estate investment firm, has closed on a $300 million debt facility to refinance existing obligations and fund a comprehensive renovation at The Ritz-Carlton Key Biscayne, Miami. The financing was arranged by a consortium led by Blackstone Real Estate Debt Strategies.
Construction has concluded on a multi-family housing development in Jacksonville, Florida. Madison Fountains is an at-market-rate community featuring 276 homes.
The Empira Group has secured $111.25 million in construction financing for THE PERRIN, a 310-unit Class A multifamily development planned for 244 Southwest 9th Street in Miami’s Brickell neighborhood. The loan was provided by Goldman Sachs, with the financing arranged by Daniel Matz, Senior Managing Director at Newmark.
K2 Capital Group hopes to get approval for a housing development in Miami-Dade’s Goulds neighborhood. Plans call for an eight-story building featuring 206 apartments.
A Temporary Certificate of Occupancy (TCO) has been issued for Amara Wynwood, an eight-story mixed-use development located at 45 NE 27th Street in Miami’s Wynwood neighborhood. The project, a joint venture between PGIM Real Estate and Fifield Companies, officially received its TCO on May 9, 2025, and has begun welcoming residents.
