Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Florida & Gulf Coast  + South Florida  + Apartments  |  May 21, 2026
Alta Sunset
Mike Boyd
By: Mike Boyd

Alta Developers Lands $91.8M Construction Loan for Miami Apartments

Madison Realty Capital originated a $91.8 million construction loan to Alta Developers for the development of Alta Sunset, a 314-unit multifamily project located at 6075 Sunset Drive in South Miami, Florida.

Upon completion, the property will rise ten-stories featuring 314 one- and two-bedroom homes, complemented by 5,444 square feet of ground-floor retail. Amenities include a pool deck oasis, an indoor pool, a fitness center, and a dedicated spa and recovery retreat with steam and sauna.

Included is a co-working environment with private offices and refined resident lounges further supports a seamless hybrid lifestyle.

The site is within walking distance of the South Miami Metrorail station, offering direct rail access to Coral Gables, Brickell, and Miami International Airport.

Recent Madison Realty transactions include a $630 million construction loan for the Bentley-branded condominium development in Sunny Isles Beach.

Henry Bodek of Galaxy Capital served as the broker for the transaction. Galaxy Capital also advised Alta Developers on the transaction. 

Connect

Inside The Story

Madison Capital

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
Order Reprints
  • ◦Financing
New call-to-action
New call-to-action