Resia exits planned Medley rental complex, new dev team enlarges project to over 1K units
Resia relinquished development of the Palmetto Station apartment complex in Medley to a real estate group that is enlarging the project to 1,152 units, The Real Deal has learned. Jose Gonzalez of GLC Real Estate, Ivan Herrera of Unicapital Asset Management Group and Alex Lastra of Desarrollo are now working on the workforce housing project at the Palmetto Metrorail station in Medley, Gonzalez said. The trio took over the project in the second quarter. The site, which the developers are leasing from Miami-Dade County under a 90-year term, is at 7701 Northwest 79th Avenue. In a statement, Resia confirmed it’s […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Blue Jays’ Mad Max sells under-construction Admirals Cove estate for $23M
Butters targets tech, pharma with plans for low-rise light-industrial in Boca Raton
Opterra’s Holiday Inn hotel-to-resi conversion moves ahead in Boca Raton
Inventory drops for first time since 2023 as sales rebound across coastal Miami, beaches
Brian Tuttle loses Main Street dev site in $60M bankruptcy sale
Wave Group, partners launch short-term-rental friendly Wynwood condos
Ultra-luxury brings heat as Palm Beach home sales surge
Why Earnest Money Matters to Sellers
RE Q&A: Who Pays for Noncompliant Fence?
Fla.’s March, 1Q Housing: Closed, Pending Sales Up
