
Continua, SP score $58M loan for North Miami apartments as rents fall
Developers of a North Miami apartment project scored a $57.8 million construction loan as Miami-Dade County’s multifamily pipeline chugs along despite a slowdown in leasing activity. Continua Developments, led by principals Felipe, Enrique and Pablo Echeverri, and SP Developments, led by Daniel Jar

James Batmasian’s scaled-back Royal Palm Plaza Hotel project moves ahead
Developer James Batmasian’s plans to scale back his proposed Royal Palm Place Hotel project won approval from Boca Raton’s Planning and Zoning Board Thursday. The proposed 12-story hotel at 200 South Federal Highway, 75 Southeast Third Street, and 194 Southeast First Avenue will have seven fewer hot

Louisiana developer lands $250M debt to build student housing at FIU
Provident Resources Group is taking over a student housing development site near Florida International University that was tied up in litigation between the previous owner and a partner. An affiliate of Baton Rouge, Louisiana-based Provident, led by CEO Christopher Hicks, paid $22.5 million for the
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