Arilex Realty’s Good Cash Flow, Bad Debt in Cliffside Park
Tri-State
Feb 19, 2025

“Head-scratcher”: Good cash flow, bad debt at NJ luxury apartment complex

Cliffside Park’s The Centre failed to repay $130M loan at maturity
Benjamin lists Fort Lauderdale dev site for over $33M, as construction prices continue to climb
South Florida
Feb 18, 2025

Benjamin lists Fort Lauderdale dev site for over $33M, as construction prices continue to climb

Developer’s 2.4-acre property entitled for a pair of 30-story buildings with 542 units, combined
Movers & Shakers: Odevo Taps CEO, COO for US Division
South Florida
Feb 18, 2025

Movers & Shakers: Odevo taps CEO, COO for US division

Plus: Atlas Real Estate, Powered by DMT bulk up
Unholstered: Lawsuit alleges Patrick Carroll held his security guards hostage at gunpoint
South Florida
Feb 13, 2025

Unholstered: Lawsuit alleges Patrick Carroll held his security guards hostage at gunpoint

Filiberto Clemente and Jessie Davis claim multifamily mogul went on a racial slur-filled bender in Los Angeles following court hearing last summer
Terra, Frisbie win bid for Boca Raton City Hall redevelopment, plan 2M-plus sf mixed-use complex 
South Florida
Feb 13, 2025

Terra, Frisbie win bid for Boca Raton City Hall redevelopment, plan 2M-plus sf mixed-use complex 

Firms beat second-ranked bidder Related Ross, led by billionaire Steve Ross 
Boca Raton City Council Approves Office Depot Campus Project
South Florida
Feb 13, 2025

Related, BH and Pebb clear final hurdle for Office Depot campus mixed-use project

Boca Raton City Council approves JV’s plan for 500 new apartments, 43K sf of retail and restaurant space and a 36K sf Equinox fitness center
Related Urban’s Mixed-Income Tower Plan Passes Committee
South Florida
Feb 12, 2025

Related Urban’s plan for $148M Coconut Grove mixed-income project nabs committee approval

Firm is seeking deal with Miami-Dade County to redevelop public housing project into 20-story tower with market-rate apartments, affordable housing and workforce housing
Asi Cymbal Nabs Refi for Live Local Act Miami Gardens Units
South Florida
Feb 12, 2025

Cymbal DLT scores $114M refi for Live Local Act apartment complex in Miami Gardens, as South Florida loans flow 

Developer retroactively converted all 341 units to below-market rate rents under the state law
Calta Group Nabs Construction Loan for Hollywood Rentals
South Florida
Feb 11, 2025

Calta lands $54M construction loan for Hollywood apartments, amid South Florida multifamily supply overhang 

Caltagirone brothers plan two four-story buildings with 251 units, combined
Related Seeks 99-Year County Lease For Multifamily Project
South Florida
Feb 7, 2025

Related Urban wants to bring mixed-income apartments to Coconut Grove

Firm is seeking 99-year lease with Miami-Dade County to develop a 20-story tower with market-rate, affordable housing and workforce housing units
Aconcagua proposes 162-unit apartment building in Princeton, amid a development rush on south Miami-Dade
South Florida
Feb 7, 2025

Aconcagua proposes 162-unit apartment building in Princeton, amid a development rush on south Miami-Dade

Coral Gables-based DiFalco Group is a project investor
BH Pays $83M For North Bay Village Multifamily Project
South Florida
Feb 7, 2025

BH adds to portfolio, pays $83M for waterfront North Bay Village apartment complex

Mast Capital-led JV sold Wake Biscayne Bay, a three-building project with 338 units
North Miami Beach SkyGarden Developer Files for Chapter 11
South Florida
Feb 6, 2025

Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 

Financier Safe Harbor Equity seeks foreclosure on $7.7M loan, and borrower Celal Ozkan alleges usury
Greystone nets $3M in sale of asset built amid multifamily bonanza
Houston
Feb 5, 2025

Greystone nets $3M in sale of asset built amid multifamily bonanza

Return is less than expected, due to insurance costs and interest rates
Coral Rock Sells Hialeah Rentals to CSL Partners, Presidium
South Florida
Feb 3, 2025

CSL Partners, Presidium buy 260-unit Hialeah apartment complex for $95M, plan Live Local Act conversion 

Drew Dorsy of Miami-based Bindor and Dale Burnett of New York-based Big Equity also partnered on the purchase
2 acres ripe for resi development, if someone can get it rezoned
Chicago
Jan 30, 2025

2 acres ripe for resi development, if someone can get it rezoned

Carbit Paint Co lists industrial property in Clybourn Corridor
Pinnacle Proposes Princeton Affordable Rentals for Seniors
South Florida
Jan 30, 2025

Pinnacle proposes 110-unit affordable housing project in Princeton, as development rush in south Miami-Dade continues 

Eight-story building would be age-restricted to seniors