Berkadia has arranged $36.7 million in acquisition and refinancing loans on behalf of Rental Asset Management (RAM) for three multifamily properties across Florida, including two in Miami-Dade County and one in Pasco County. The transactions include acquisition financing for the newly completed RAM Four Hialeah in Hialeah and refinancing loans for The Devonshire in Miami Springs and Summer Lake Villas in New Port Richey.

An official groundbreaking ceremony was held October 6 for Ocean One, an eight-story, 371-unit mixed-use development at 114-222 North Federal Highway in downtown Boynton Beach. Developed by Hyperion Group, Winter Properties, WREP, and Silverstein Properties and designed by Miami-based Arquitectonica, the project will include rental residences and 25,500 square feet of retail space. City officials, project partners, and community leaders attended the ceremony.

Orlando’s ICON Park is primed for a new attraction with a familiar feel.

Related Group and Alta Developers have completed Casa Bella Residences by B&B Italia, a 650-foot-tall, 56-story condominium tower at 1400 Biscayne Boulevard in Downtown Miami. Designed by Arquitectonica, with interiors by Piero Lissoni of Lissoni New York and landscape design by Enzo Enea, the development contains 319 residences, including 10 penthouses. The project marks B&B Italia’s first residential development. More than 90 percent of the homes are under contract, with closings underway and the first residents moved in.

Florida YIMBY has an update regarding a multi-million-dollar venture we covered in December 2023.