Cushman & Wakefield announced today that the commercial real estate services firm has arranged the sale of a 36-unit apartment community located at 16851 NE 18th Avenue in North Miami Beach. The final sale price was $5.8 million, which comes out to $161,111 per door.
Read MoreAmerican Landmark Apartments Sells Lago Paradiso at the Hammocks Multifamily For $99 Million
Lago Paradiso at the Hammocks, a 424-unit, garden-style multi-housing community in the suburban neighborhood of Kendall in Miami-Dade, Florida, has traded for $99 million. JLL marketed the property on behalf of the seller, American Landmark Apartments and multifamily investment firm Cortland was the buyer.
Read MoreStantec-Designed Avalon Doral Residential Building Brings Modern Tropical Living To Doral
Leading global design firm Stantec designed the eight-story Avalon Doral, located along one of the main corridors of the City of Doral at 3940 N.W. 79th Avenue. Featuring a central courtyard surrounded by 350 residential units, the development sits adjacent to the planned 80,000 SF retail development known as Atrium at Doral.
Read MoreCoral Rock Development Group Announces Mixed-Use Workforce/ Affordable Housing Project Buena Vida In Little Havana
Coral Gables-based Coral Rock Development Group today unveiled plans for Buena Vida, a Little Havana-based workforce/affordable housing mixed-use project. Located at 22nd Avenue and Flagler Street, Buena Vida will encompass 175 units of workforce and affordable housing.
Read More95 Burnett
Miami-Based Private Equity Firm Galium Capital Completes Successful Investment Cycle With Sale Of Two Assets
Galium Capital, LLC, a Miami-based private equity group led by Jacques Bessoudo and Iser Rabinovitz, has announced the sale of two properties, successfully completing the firms first investment cycle. The properties sold include 95 Burnett in Renton, WA, as well as The Shoppes at Lake Mary in Lake Mary, FL.
Read MoreCymbal Development Tops Off Oasis Pointe Residences In Dania Beach 6 Months After Breaking Ground
Cymbal Development and DLT Global have topped off Oasis Pointe Residences in Dania Beach, just 6 months after breaking ground on the project. Plaza Construction is the general contractor on the multi-unit waterfront apartment complex which set to open Spring 2022.
Read MoreNitin Motwani, Anshu Motwani, City of Plantation Mayor Lynn Stoner, Ramola Motwani, Broward County Commissioner Dale Holness , City Council Member Timothy Fadgen, Dev Motwani, Mike Kaufman
Merrimac Ventures Breaks Ground On $90 Million Merrimac Plantation Multifamily Development In Plantation
South Florida-based development firm Merrimac Ventures has broken ground on Merrimac Plantation, a new multifamily development on the rise in the City of Plantation, Florida. Located at 1711 N. University Drive, Merrimac Plantation will total 293,945 square feet with 306 rental apartments.
Read MorePhoto credit: Craft Construction.
Sold Out Boca Beach House Luxury Residences & Marina Tops Off In Boca Raton
Key International and Integra Investments, leading real estate investment and development companies in South Florida, in partnership with Wexford Real Estate Investors, a real estate investment firm – have announced the official top off of Boca Beach House Luxury Residences & Marina.
Read MoreThe Coral Gables-Based MG Developer Reveals Plans For Hialeah Mixed-Use Residential Community Metro Parc
The Coral Gables-based renowned luxury townhome developer MG Developer has revealed plans to develop a 10-story apartment rental building with 433 units in Hialeah named Metro Parc. The 2.5-acre project will be located between 955 East 25th Street and 980 East 26th Street.
Read MoreFlorida East Coast Industries Lists ParkLine Miami Residential Above Brightline’s MiamiCentral Station For $500 Million
Florida East Coast Industries (FECI) announced the listing of ParkLine, its signature residential tower above Brightline’s MiamiCentral Station, for $500 million. The property, which consists of two iconic towers totaling 816 residential units, will be listed on the market by Cushman & Wakefield.
Read More