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MIAMI, FL - EDEN Multifamily, the prolific South Florida developer, is partnering with multifamily developer and investor The Dermot Company to bring a Class-A, luxury rental residential tower to downtown Miami’s Park West district. EDEN and Dermot plan to develop a 44-story, 430-unit high-rise designed by the award-winning architect Kobi Karp. This development represents the first partnership between Miami-based EDEN and New York-based Dermot. Construction is expected to begin in 2024.. ....
MIAMI, FL - Leading developer EDEN Multifamily, the joint venture formed by Jay Jacobson and Jay Massirman, made a key new hire with the arrival of Tyler Heckaman as Director of Land Acquisition. Based in Miami, Heckaman is responsible for sourcing new acquisition opportunities and supporting EDEN’s entitlement, market analysis, underwriting and operations. EDEN focuses on developing and delivering innovative, industry leading multifamily communities that serve a wide range of economic. ....
Astor Companies founder Henry Torres and a rendering of the Douglas Enclave (The Astor Companies) The Astor Companies scored a $32.4 million construction loan for its planned mixed-income, multifamily project near Miami’s Flagler Street. Coral Gables-based Astor, led by founder Henry Torres, is developing the 10-story, 199-unit Douglas Enclave at 61 Northwest 37th Avenue. Ocean Bank issued the loan, according to records. Astor plans to start construction this spring on the property, which spans a 1.1-acre full city block between Flagler and Northwest First streets along Northwest 37th Avenue, according to the company’s website. Astor, through an affiliate, bought the six-lot property in July 2017 for $5.1 million, a deed shows. ....