Newly released photography reveals the completed exterior of Lumaire, a 23-story high-rise luxury rental tower situated at 201 Clearwater Drive, along the Clear Lake waterfront in Downtown West Palm Beach. Designed by Carl Levin Architecture + Design (CLA+D) and developed by Hyperion Group, the 457-unit tower contributes a distinctive formal and material identity to the city’s growing skyline, emerging as one of the tallest new buildings in the district.

Two developers have proposed a pair of high-rise towers that would replace a 40,000-square-foot building in St. Petersburg.

Invictus Real Estate Partners and Integritas Capital have closed on a $155 million construction completion and condominium inventory loan for Flow House, a 40-story residential tower located at 697 North Miami Avenue within Miami Worldcenter. The financing supports the project’s transition from a rental development to a condominium offering, which has become one of the fastest-selling new residential properties in the Miami market.

Local developers have proposed a multi-family housing development for Miami’s Goulds neighborhood.

South Florida-based Cymbal DLT Companies has secured a $27 million refinancing loan for 3452-3470 North Miami Avenue, a 25,000-square-foot existing mixed-use retail and office building located in Midtown Miami. Linkvest Capital provided the refinancing through its lending affiliate LV Lending, a Miami-based private lender specializing in bridge financing for commercial and residential investments. Cymbal DLT utilized this financing to repay an existing $19 million loan previously issued by New Wave in 2022.