Key Biscayne
Kadima Starts Work on $70M Hallandale Beach Condo Community
Kadima Developers broke ground on Seven Park Residences, a mixed-use venture in Broward County. The $70 million project is located… Read more
Allied Group Delivers 400-Unit St. Pete Rental Community
Skanska has completed building a new 400-unit mixed-use community in St. Petersburg. The multifamily-led project will consist of an 8-story… Read more
Broad Creek Spends $94M on Charlotte Value-Add Apartments
Broad Creek Capital (“BCC”) bought its first apartment property as part of its new value-add fund. The company closed the BCC… Read more
Cortland Buys 19 Elme Communities
Atlanta-based Cortland announced a portfolio acquisition from Elme Communities (NYSE: ELME). The $1.6 billion transaction consisted of 19 multifamily properties… Read more
Discounted S. Florida Apartments Sell for $72.4M
In 2021, the Motion at Dadeland Apartments in Miami-Dade County sold for $114 million. Recently, the multifamily development traded for… Read more
Swinerton Tops Out $111M Charlotte Mass Timber Venture
Swinerton Builders reached the top of Cordo, an $111 million mass timber multifamily development in Charlotte’s Optimist Park. The hybrid-structure… Read more
Miami Hotel Listed for $175M at Auction
A 100-room Holiday Inn in Miami is headed for the auction block, and due to its zoning designation, it’s expected… Read more
JV Aims to Spend $335M on Miami-Dade Public Housing Redo
Pinnacle Communities and Smith & Henzy Affordable Group are seeking a redevelopment deal with Miami-Dade County for three public housing… Read more
Palm Beach Gardens Developer Inks $77.5M Construction Loan
Abacus Capital secured a $77.5 million construction loan for what will be Arbor House, a 302-unit upscale project in Palm… Read more
Ares Lands $69.4M Loan to Convert Old Charlotte School into Rental Community
A fund managed by Ares Management secured a $69.4 million construction loan so it can start work transforming a former… Read more
Blackstone Affiliate Trades Charlotte Apartments for $58.8M
Blackstone affiliate LivCor sold Tryon Farms Apartments for $58.8 million. The property at 15120 Wylie Way was acquired by GSL… Read more
Andrew Dansker, of Dansker Capital Group, Provides His Insights on the Hot Topics at the Upcoming Connect Southeast Multifamily Event
Florida is on a roll. In-migration figures place the state near the top in terms of population growth. A favorable… Read more
265-Unit West Midtown Rental Asset Trades for $54.5M
An affiliate linked to Eaton Vance, a Morgan Stanley company, sold a West Midtown apartment community for $54.5 million. The… Read more
60-Story Atlanta Highrise Reaches Construction Milestone
Rockefeller Group announced the topping out of 1072 West Peachtree, a 60-story, mixed-use tower located in Midtown, Atlanta. The development… Read more
Margate Developer Looking to Convert Shopping Center to Apartments
White Oak Development is looking to turn The Cocogate Plaza shopping center in Margate into apartments. White Oak currently has… Read more
Charlotte-Area Developer Planning 222 Cottage-Style Rental Homes
HMF Americana is developing a build-to-rent community in Stallings, which will feature 222 cottage-style rental homes and 30,000 square feet… Read more
Newmark Arranges Sale, Financing of Savannah Vintage Rental Asset
Newmark arranged the $25.1 million sale and $18.5 million financing of Live Oak Plantation, a 208-unit multifamily property at 8505… Read more
Scale Closes on $460M Financing for Two Miami Rental Communities
SCALE Lending, the debt financing arm of Slate Property Group, finalized a $460 million cross-collateralized facility for the Namdar Group, for… Read more
Ytech Secures $565M Loan for Brickell Residences
Ytech secured $565 million in construction financing from J.P. Morgan (NYSE: JPM) and Sculptor Real Estate for The Residences at 1428 Brickell, a… Read more
