Developer Horizon at NoMi LLC has secured a $48 million construction loan for the Residences at NoMi, an affordable housing development for seniors in North Miami.
Forest Development and Royal Palm Companies recently celebrated the topping-off construction milestone for Nautilus 220, a new luxury mixed-use development with condominium residences in two 24-story towers, waterfront restaurants including SeaHawk Prime by Chef David Burke, retail, and office suites alongside a marina at 220 Lake Shore Drive in Lake Park, FL. The traditional topping-off ceremony was commemorated at the project site on November 3, 2023, attended by more than 550 guests, including construction workers, project partners, and elected officials.
Pendry Residences Tampa is officially under construction in Hillsborough County. The 39-story hotel/condo will host 220 guest rooms and 207 high-end condos. Our sources indicate that the venture’s expected to open in 2026. The groundbreaking ceremony took place the last week of October.
Hospitality and real estate pioneers Rosso Development, Standard International, and Midtown Development have closed on a $45,045,000 construction loan from Bank OZK for the highly anticipated The Standard Residences, Midtown Miami, located at 3100 Northeast 1st Avenue. A JLL Capital Markets Debt Advisory team, led by Managing Director Brian Gaswirth and Associate Jimmy Calvo, represented the developer.
A few months ago, Certified General Contractors Inc. broke ground on Townhomes at Powell, a community of 128 single-family rentals in Wildwood, FL. The multi-million-dollar venture will offer 92 two-story apartments and 36 townhomes, offering one-bedroom to three-bedroom layout plans.
