Invesca Secures $94M in Additional Financing for Completion of Pixl Apartments in Plantation

Invesca Development Group has secured $94 million in financing to complete the construction of its Pixl apartments in Plantation. The project, located at 4350 West Sunrise Boulevard, will feature 330 apartments. The new funding was necessary to address the maturity of the original construction loan, manage additional costs from hiring a new contractor, and support the project through lease-up, according to Jay Miller of BayBridge Real Estate Capital. Miller, along with Spencer Miller, AJ Felberbaum, and Noah Rothman, facilitated the financing through Madison Realty Group and Taconic Capital Advisors.

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Second Phase Of Quail Roost Station Breaks Ground Along Forthcoming Transit Hub In Miami-Dade County

Atlantic Pacific Companies has broken ground on an affordable housing project for seniors at Quail Roost Station in Perrine. This development will be a hub along Miami-Dade County’s forthcoming electric bus rapid transit system and offer direct access to public transportation along the South Dade TransitWay, making it a crucial part of its transit-oriented community initiatives.

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