Pebb Capital Secures $173M Construction Loan For ‘Sundy Village’ At 22 W. Atlantic Avenue In Downtown Delray Beach

Pebb Capital has secured a $173 million construction loan from Monroe Capital & J.P. Morgan for Sundy Village, a mixed-use development spanning approximately seven acres in the heart of Downtown Delray Beach. Following its groundbreaking in early 2023 and with delivery anticipated for summer 2024, this announcement marks another milestone for what will be the most unique, fully-amenitized lifestyle destination in the Atlantic Avenue District.

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ANF Group Tops Off Phase One Of ‘Southpointe Vista’ Affordable Housing Community In Goulds, Miami-Dade County

ANF Group, Inc. recently celebrated the topping out of the first phase of Southpointe Vista, a two-phase affordable housing development developed by McDowell Housing Partners located at Southwest 117th Court and Southwest 214th Street in Miami-Dade County’s Goulds community. This phase introduces a 10-story high-rise reserved for those earning up to 70% of the area median income, featuring 124 affordable units comprising 91 one-bedrooms, 25 two-bedrooms, and eight 3-bedrooms. A two-story parking garage, connected by a skybridge, includes 196 spaces and 18 electric vehicle charging stations. Amenities encompass community rooms, laundry facilities, a cybercafé, a fitness room, a rooftop terrace, and on-site management offices.

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Sentral Wynwood Announces New Retail Tenants: maman and The NOW

Brand Urban, a real estate brokerage and advisory company based in Manhattan, has announced that Sentral Wynwood, a resort-style residential community located in the heart of Miami’s arts district, has signed leases with maman and The NOW for ground-floor retail spaces at 51 Northwest 26th Street. As Sentral’s dedicated national placemaking consultant, Brand Urban ensures that the retail complements Sentral’s offerings across the U.S., enhancing the overall experience for long-term residents and guests. maman, New York City’s beloved French-inspired all-day café and bakery, has signed a lease for a 4,202-square-foot location. The NOW, a Los Angeles-founded wellness brand transforming the therapeutic massage space, will occupy 2,119 square feet at Sentral Wynwood. Both locations are slated to open in 2024 and mark maman, and The NOW’s first stores and Sentral’s first community will launch in the Miami market.

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Urban Network Capital Group & Vertical Developments Secure $24.5M Construction Loan for Visions at Brickell Station

Miami-based developer Urban Network Capital Group (UNCG), in partnership with Vertical Developments, has secured a $24.5 million construction loan from Rok Lending for the Visions at Brickell Station development. This wellness-forward condo-hotel project, designed by DTI Architects with interiors by Concepto Taller de Arquitectura, is located in Miami’s Brickell neighborhood. With over 50 percent sold, this project is on track for its expected completion in 2025.

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