South Florida Developers Turn to Condo Conversions
Multifamily distress has increasingly led developers to weigh converting their rental projects into condos.
Source: therealdeal.com
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Merrimac, Aria Development Land $95M for Miami Tower
Merrimac Ventures and Aria Development received $95 million in financing for the development of a 32-story condo project in downtown Miami.
Source: multihousingnews.com
Related Group Lands $100M Construction Loan for North Miami Rental
Johnson & Wales University closed its campus in 2021.
United States North Miami Adrienne Arsht Center Malta Developers Santander Bank Johnson Wales University
Source: commercialobserver.com
MDA says 2023 was 'second best-ever year' for Malta's property market
Development lobby says promises of sale up 9%, but stays thin on details
National Statistics Office Malta Developers Association Malta Development Association Malta Development Malta Developers
Source: timesofmalta.com
Related Group Breaks Ground on Second Ritz-Carlton Tower in Tampa
The high-rise marks the project’s second phase. The Related Group is constructing the second tower at its Ritz-Carlton project in Tampa.
Source: multihousingnews.com
Sunday Summary: Anyone Bring Up Signature Bank or Immigration at Thanksgiving? – Commercial Observer
Not everyone is happy that Related is paying 70 cents on the dollar even though other bidders like Brookfield and Tredway have gone over 80.
Source: commercialobserver.com
Related Group JV Secures $240M for Miami Condo Tower
Related Group and Alta Developers secured $240 million in construction financing for a luxury condominium project in downtown Miami.
Source: multihousingnews.com
Osborn Investments Obtains $39M Loan for Luxury Condo Project
Osborn Investments received $38.5 million in construction financing for a 97-unit luxury condominium project in Miramar Beach, Fla.
Source: multihousingnews.com
Related Group JV Breaks Ground on Miami Condo Tower
Related Group and Alta Developers started construction on a 56-story, 319-unit condominium tower in downtown Miami.
Source: multihousingnews.com