Miami and New York City-based investment, development, and asset management firm Property Markets Group (PMG), alongside partner Raven Capital Management (Raven) has announced the securing of a $120 million construction loan for their 825,000-square foot – 26-story Society Orlando mixed-use project located at 434 North Orange Avenue in Downtown Orlando. The loan is being provided for phase one of the development of the project, which broke ground in 2020. Funds are being provided by an entity managed by Los Angeles-based CIM Group.
Lynn University, a private college located in Boca Raton, FL, will soon have new student housing to accommodate its growing population.
New York City-based real estate developer Property Markets Group (PMG) and the Miami Parking Authority (MPA) are joining forces to bring more public green spaces to Biscayne Boulevard in Downtown Miami. PMG announced the collaborative…
The DeMarcay, a new residential complex, is coming soon to Sarasota County. The $23 million venture began construction in the first quarter of 2021 and will conclude in June 2023.
Exterior work is continuing to progress on 1050 Water Street, a 22-story mixed-use building within the 56-acre, $3.5 billion Water Street Tampa mega-development. Designed by Morris Adjmi Architects with ODP Architecture & Design as the architect of record, and developed by Strategic Property Partners, the structure rises to 273-feet and will yield approximately 787,808-square-feet of space at completion which includes 511 residential units in a mix of studio – two-bedroom layouts, as well as 30,000 square feet of ground-floor retail space.