Multifamily construction financing flows in Miami as developers score $172M in loans
Developers landed a combined $171.5 million in construction loans for two projects that will add nearly 500 apartments to Miami, even as a multifamily oversupply lingers over South Florida. Acre scored $123 million to build the six-story, 337-unit Adela II complex just off Biscayne Boulevard at Nor
State prosecutors drop sexual battery charge against Oren Alexander
State prosecutors dropped one sexual battery charge against Oren Alexander after the victim was reportedly “satisfied” with the former star broker’s federal conviction in March. The woman accused Alexander of sexually assaulting her at his Miami Beach home on Oct. 25, 2021. She reported the alleged
El-Ad wins approval for North Bay Village condo project height increase
El-Ad National Properties scored preliminary approval for a height increase for its planned bayfront North Bay Village condo project. Boca Raton-based El-Ad, part of New York-based Elad Group founded by Isaac Sharon Tshuva, plans a 26-story, 94-unit luxury condo building on just over an acre at 791
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