Massive Mixed-Use Project Planned For Delray Beach

The proposed project is slated to include 734 apartments, 150 hotel rooms and 300,000 square feet of commercial, self-storage space.

Cushman & Wakefield Arranges $70M Construction Financing For Brickell Condo

Robert Kaplan and Mark Rutherford of Cushman & Wakefield secured the financing through Forman Capital and Core Capital on behalf of the developer North Development, a joint venture between Miami-based Oak Development, led by veteran developer Ricardo Dunin, and Peru-based Edifica.

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CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.

CREI Holdings Secures $67 Million Construction Loan For Affordable/Workforce Housing In Miami-Dade

The 8-story project will have 328 one- and two-bedroom apartments. Of these, 40 percent will be designated for households with an income at 80 percent of the area median income, while the remaining 60 percent will cater to households with an income at 120 percent. 

CBRE And City Of Riviera Beach Move Forward With 80-Acre Redevelopment Opportunity

Proposals must be submitted no later than 3 p.m. EST on June 28, 2024.

Berkadia Arranges $328M Construction Loan For Baccarat Residences Miami

The property, which launched in late 2021 and is now more than 95-percent sold, is currently under construction and is expected to complete in early 2028.

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CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.

One Park Tower By Turnberry Secures $172M Construction Loan Facilitated By Berkadia

Scott Wadler and Alec Fox, along with Mitch Sinberg and Brad Williamson and Matt Robbins of Berkadia South Florida, secured the $172 million loan from Bank OZK.

The Keyes Company’s Jed Weaver Closes Complex Off-Market Transaction In Hillsboro Beach

Weaver guided 13 separate sellers through all aspects of the transaction and completed the entire process in just four months.