Florida

District-in-Davie
DevelopmentFinanceFloridaNewsSoutheast

El-Ad Secures $85 Million for Broward County Mixed-Use Project

by Lynn Peisner

DAVIE, FLA. — El-Ad National Properties has secured an $85 million construction loan for The District in Davie, a $1 billion, 2.8-million-square-foot mixed-use development currently under construction in Davie. According to the developer, the financing, provided by Valley National Bank, will enable vertical construction to continue. The project will feature five residential towers ranging from 21 to 24 stories containing approximately 1,292 rental residences, 36,000 square feet of restaurant and retail space and 1.1 million square feet of access-controlled parking with 2,650 spaces. Each tower will offer studios and one-, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Broadstone-Marina-Bay-Tampa
DevelopmentFloridaLeasing & MarketingNewsSoutheast

Alliance Residential Opens Bayfront Broadstone Property in Tampa

by Lynn Peisner

TAMPA, FLA. — Alliance Residential Co. has completed development of Broadstone Marina Bay, a 325-unit community in Tampa’s Westshore Marina district with waterfront views. The community is anchored by a waterfront clubhouse whose standout amenity is a fully equipped multimedia production space with professional recording gear, Blackmagic-brand cinema cameras, editing suites and industry-grade instruments, designed for resident music, video and podcast production. The club also is home to a bayfront saltwater pool with cabanas, a rooftop lounge, a waterfront putting green, a dog park, yoga and bocce ball lawns, a …

Continue Reading
0 FacebookTwitterLinkedinEmail
Ekos-at-Arbor-Park-II
Affordable HousingDevelopmentFloridaNewsSoutheast

McDowell Housing Partners Breaks Ground on Second Phase of Ekos at Arbor Park

by Lynn Peisner

NORTH PORT, FLA. — McDowell Housing Partners has begun construction of the second phase of Ekos at Arbor Park, an affordable housing community in North Port, about midway between Sarasota and Fort Myers. Phase I was reserved for seniors, while the second phase, which will include 66 units, will be reserved for families earning at or below 70 percent of the area median income. Completion is slated for the fourth quarter of 2026. Phase I was completed in May of this year. Ekos at Arbor Park Phase II will include …

Continue Reading
0 FacebookTwitterLinkedinEmail
Flager-Fort-Lauderdale
DevelopmentFinanceFloridaNewsSoutheast

JLL Arranges Construction Financing for Fort Lauderdale Project

by Lynn Peisner

FORT LAUDERDALE, FLA. — JLL has arranged a $28 million loan, provided by Goldman Sachs, for the development of URBANIA Flagler 1 Ave in Fort Lauderdale. The borrower and developer is Hollywood, Florida-based Continua Developments, a development company that was active in Colombia before doing business in the United States starting in 2021. JLL Capital Market’s Debt Advisory team was led by Max La Cava, Jimmy Calvo and Kenny Cutler. Continua is partnering with SP Developments, a Miami-based residential developer, on the URBANIA project. Construction started earlier this year, and …

Continue Reading
0 FacebookTwitterLinkedinEmail
PARK-PLACE-APARTMENTS
FloridaInvestment SalesNews

CGI Sells ‘Special Situation’ Orlando Asset to RMR Residential

by Lynn Peisner

ORLANDO, FLA. — CGI+ Real Estate Investment Strategies has sold Park Place in Orlando to RMR Residential. A sales price was not disclosed. CGI acquired the 275-unit asset in 2021 for approximately $69 million. At that time, the seller was facing costly insurance and construction issues following a lightning strike that sparked a fire and destroyed two buildings housing about 15 percent of the community’s rental units and two amenity spaces. CGI refers to these acquisition opportunities as “special situation real estate.” CGI, along with property manager Fogelman, rebuilt 33 …

Continue Reading
0 FacebookTwitterLinkedinEmail
Rainbow-Village-Miami
Affordable HousingDevelopmentFloridaNewsSoutheast

ANF, HTG Top Out $185 Million Miami Affordable Housing Development  

by Lynn Peisner

MIAMI — Developer Housing Trust Group (HTG) and construction firm ANF, both locally based, have topped out the Rhapsody at Rainbow Village project in Miami’s Overtown neighborhood. The development team broke ground in June, and completion is slated for early 2027. Units will be reserved for income-qualifying residents who earn at or below 30, 50, 60, 70 and 80 percent of the area median income. Monthly rents for the one-, two- and three-bedroom apartments will range from $793 to $2,634. HTG reports Miami median rents range from $1,875 to $9,070 …

Continue Reading
0 FacebookTwitterLinkedinEmail
Eastham-Capital-Anthony-Librot
Company NewsFloridaNewsPeople NewsSoutheast

Eastham Capital Hires Anthony Librot as CFO

by Lynn Peisner

BOCA RATON, FLA. — Eastham Capital has hired Anthony Librot as chief financial officer. In the new role, Librot will be responsible for accounting, compliance and risk management for the private equity multifamily investment firm. With more than 30 years of accounting and financial experience, Librot spent the past seven years as the chief operating and financial officer at AAM 15 Management LLC, a Massachusetts real estate investment company, where he oversaw day-to-day operating and financial activities for a real estate portfolio of $500 million.

Continue Reading
0 FacebookTwitterLinkedinEmail
Soleste-on-the-Trail
DevelopmentFinanceFloridaNewsSoutheast

Estate Cos. Secures $60 Million Loan to Build Soleste Property in Palm Beach County

by Lynn Peisner

RIVIERA BEACH, FLA. — The Estate Cos., a Miami-based developer known for its Soleste brand of communities, has secured a $60 million construction loan to build Soleste on the Trail in Riviera Beach. Located approximately five miles north of West Palm Beach and situated aside a lake, the community will be comprised of 255 one- and two-bedroom units. A completion date was not disclosed. Amenities will include a clubhouse, a resort-style pool with cabanas, outdoor barbecue areas, a fitness center with on-demand classes and a yoga studio, a full-service spa, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Spinnaker-apartments
BerkadiaFinanceFloridaNewsSoutheast

Berkadia Arranges $15.7 Million Refinancing in Riviera Beach  

by Lynn Peisner

RIVIERA BEACH, FLA. — Berkadia has arranged a $15.7 million Freddie Mac loan for Rental Asset Management (RAM). Oakland Park, Florida-based RAM will use the funds to refinance Spinnaker Landing Apartments, a 123-unit workforce housing community in Riviera Beach, five miles north of West Palm Beach. Built in 1990 and located at 1931 W. 16th Court, Spinnaker Landing offers one-, two-, three- and four-bedroom units up to 1,420 square feet. The pet-friendly community includes a pool. Matthew Robbins, Hugo Hernandez, Mitch Sinberg, Scott Wadler and Brad Williamson led the Berkadia …

Continue Reading
0 FacebookTwitterLinkedinEmail
Oviedo-Oaks-Village
FloridaInvestment SalesNewsSoutheast

Marcus & Millichap Arranges Suburban Orlando Sale

by Lynn Peisner

OVIEDO, FLA. — Marcus & Millichap has arranged the $7.8 million sale of Oviedo Oaks Villas, a 44-unit property in Oviedo, 18 miles northeast of Orlando. The undisclosed seller had owned the community for more than 30 years. The buyer was an unnamed, New York-based family office. The property, located at 1080-1126 Laurel Oaks Court on about 8 acres, features 22 one-story buildings, and each unit is a three-bedroom floor plan. Marcus & Millichap’s Matt Prozzillo, Ray Turchi and David Vaughan represented the seller and procured the buyer.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2026 France Publications, dba France Media Inc.