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Renderings of AvalonBay Communities’ proposed Kanso Coral Way and MG Developer’s proposed Regency Parc & Residences, with AvalonBay Communities’ Benjamin W. Schall with MG Developer’s Alirio Torrealba
South Florida
Feb 12, 2026

Avalon Bay, MG Developer bet on Miami apartment market to balance out

Developers proposed separate developments to add 374 apartments amid supply overhang
AvalonBay Pays $16.5M For Lake Worth Beach Dev Site
South Florida
Sep 4, 2024

AvalonBay plans Lake Worth Beach multifamily project adjacent to Publix-anchored shopping plaza

Arlington, Virginia-based firm paid $16.5M for 9-acre dev site approved for seven-story building with 279 apartments
Luma at Miramar and AvalonBay CEO Timothy Naughton (AvalonBay)
South Florida
Nov 11, 2021

AvalonBay pays $133M for Luma at Miramar apartments

Ansca sold the 380-unit development for $350K per door

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