Florida

HTG Opens $58M Affordable Housing Community in Miami

by Lynn Peisner November 3, 2026

MIAMI — Housing Trust Group (HTG) has completed and opened Courtside Apartments II, a $58 million affordable housing community in Miami’s Overtown neighborhood. The 120 units are reserved for families earning at or below 30, 50, 60 and 70 percent of area median income, with monthly asking rents starting at $683. Located at 1698 NW 3 Avenue and 1501 NW 4 Avenue, Courtside Apartments II consists of two five-story buildings located on either side of the Culmer Center, a historic community center, creating a larger residential campus together with the …

November 3, 2026

Berkadia Build-to-Rent Finance Florida News Southeast

Berkadia Arranges $65.5M Bridge Loan for Ocoee Townhomes in Metro Orlando

by Lynn Peisner October 30, 2026

OCOEE, FLA. — Orlando, Florida-based Kimaya, the commercial real estate development subsidiary and affiliate of Park Square Enterprises, has obtained a $65.5 million bridge loan for Ocoee Village Townhomes, a 232-unit build-to-rent townhome community that opened in 2024 in Ocoee, 16 miles west of Orlando. The property is located within the Ocoee Village mixed-use development. Wesley Moczul of Berkadia Orlando led the transaction, with support from Mitch Sinberg, Brad Williamson, Scott Wadler, Matt Robbins and Jacob Kelly of Berkadia Miami. The team arranged the three-year, floating rate loan through Kayne …

October 30, 2026

Build-to-Rent Development Florida News Southeast

Capstone, CBI Break Ground on Build-to-Rent Development in Viera, Florida

by Lynn Peisner October 23, 2026

MELBOURNE, FLA. — Capstone Communities has secured financing and begun construction of The Villas at Viera, a 275-unit build-to-rent development in the master-planned Viera community in Brevard County, about 50 miles southeast of Orlando. Capstone Communities is the developer, and CBI Construction is the general contractor. Capstone Properties is overseeing property management. Fifth Dimension Architecture & Interiors is serving as project architect. Villas at Viera is situated on an 18.4-acre parcel and will comprise two four-story apartment buildings, duplexes, carriage houses and cottage-style residences. Amenities will include a clubhouse and …

October 23, 2026

Development Finance Florida News Southeast

Pearlmark Provides $81M Construction Loan for The Aurelian in Coral Gables, Florida

by Lynn Peisner October 21, 2026

CORAL GABLES, FLA. — Empira Group has obtained an $81 million construction loan to develop The Aurelian, a 160-unit luxury project underway at 114 Calabria Ave. in Coral Gables. Pearlmark was the lender, and CBRE’s Charles Crapse and Denny St. Germain arranged the financing. Behar Font is the architect, and Ortega Construction is the general contractor. The one- and two-bedroom apartments will be complemented by a resort-style pool, fitness center with dedicated yoga studio, coworking areas, a lounge, electric vehicle charging station and a pet grooming suite. Completion is slated …

October 21, 2026

Finance Florida News Southeast

JLL Arranges $50.8M ReFi for The Vibe in Miami

by Lynn Peisner October 16, 2026

MIAMI — JLL Capital Markets has arranged a $50.8 million refinancing fixed-rate, CMBS loan for STRE Management and Lloyd Jones. The sponsors are refinancing The Vibe, a two-building community in Miami’s Little Havana neighborhood. Located at 700 Southwest 1st St., the 194-unit affordable housing community was completed in 2021. The one-, two- and four-bedroom units are reserved for renter households earning 80 to 120 percent of area median income. The property also includes 7,625 square feet of fully leased commercial space. Units are currently 96.4 percent leased. Jesse Wright, Joshua …

October 16, 2026

Arizona Finance Florida Georgia News Southeast Western

Thompson Thrift Secures $463M Construction Takeout Loan for Eight New Sun Belt Properties

by Lynn Peisner October 16, 2026

TERRE HAUTE, IND. — JLL has arranged $463 million in bridge financing for an eight-property portfolio owned by Terre Haute-based Thompson Thrift. Barings provided the floating-rate construction takeout loan for the newly completed properties, comprising 2,412 units, in Florida, Georgia and Arizona. The loan retired existing construction loans across all properties, which were completed throughout 2025 and 2026 in seven metro areas. Each property features amenities such as 24-hour fitness centers, resort-style pools, resident social hubs with coffee bars, pickleball courts, dog parks with pet spas, business centers and outdoor …

October 16, 2026

Berkadia Finance Florida Investment Sales News Southeast

Berkadia Arranges Acquisition and ReFi Loans Totaling $36.7M for Three Florida Deals

by Lynn Peisner October 13, 2026

FORT LAUDERDALE, FLA. — Berkadia has arranged three loans for Fort Lauderdale-based Rental Asset Management (RAM) for three Florida properties. RAM obtained a $10.3 million acquisition loan for RAM Four Hialeah, a 54-unit community in Hialeah that was completed in August. The firm also has refinanced two assets: The Devonshire (36) units in Miami Springs with a $3.24 million Freddie Mac loan and Summer Lake Villas in New Port Richey with a $23.2 million Freddie Mac loan. The Devonshire was developed in 1964, and Summer Lake Villas was built in …

October 13, 2026

Affordable Housing Development Finance Florida News Southeast

Greystone Provides $167M in Financing for Gallery at Lummus Parc in Miami

by Lynn Peisner October 6, 2026

MIAMI — Greystone has provided and arranged $167 million in construction financing, Low-Income Housing Tax Credit (LIHTC) equity and permanent financing for Gallery at Lummus Parc, a 257-unit mixed-income project in downtown Miami. Locally based Related Urban Development Group is the developer. Construction is underway, and completion is slated for late 2028. Gallery at Lummus Parc is the 257-unit, 27-story first phase of a planned two-tower, 439-unit development. A second 182-unit tower, Residences at Lummus Parc, is planned as a separate phase. Greystone’s $167 million financing package applies to the …

October 6, 2026

Development Florida Leasing & Marketing News Southeast

Morgan, Carlyle Complete Caroline in Pompano Beach, Florida

by Lynn Peisner September 28, 2026

POMPANO BEACH, FLA. — Morgan and Carlyle have opened Caroline Pompano Beach, a 352-unit community at 1200 NE 23rd St. within Pompano Citi Centre, an open-air lifestyle retail center in Pompano Beach. The project was a redevelopment of a former Macy’s department store. Caroline Pompano Beach includes eight four-story residential buildings housing studios, one-, two- and three-bedroom units. Amenities feature a coworking lounge with private offices, a conference room and work pods; a coffee bar; a clubhouse with catering kitchen, billiards table and television lounge; and a fitness center; resort-style …

September 28, 2026

Affordable Housing Development Florida News Southeast

Ability Housing Breaks Ground on $35.7M Orlando Affordable Housing Development

by Lynn Peisner September 17, 2026

ORLANDO, FLA. — Ability Housing has broken ground on the 96-unit Village of Pine Hills in the northwest Orlando neighborhood of Pine Hills. The development is located on approximately 9 acres at 5121 North Pine Hills Road. Plans call for three three-story residential buildings comprising a mix of one-, two- and three-bedroom apartments with rent restrictions ranging from 22 to 60 percent of area median income. Amenities will include a community center with a computer lab, a library and flexible spaces for workshops, training and events. Residents also will have …

September 17, 2026

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