Miami amped up affordable development as Broward, Palm Beach fall short
As South Florida’s decadeslong housing affordability crisis surged in the past few years, developers in Miami took note –– unlike those in Fort Lauderdale and West Palm Beach. In Miami-Dade County, 8,690 affordable units were completed from 2020 through 2024, according to RentCafe, a Yardi Systems
Diana Ulis, Indian firm MICL launch Ritz-Carlton-branded Fort Lauderdale condos
Diana Ulis and Indian developer MICL launched sales and marketing for a Ritz-Carlton-branded condo project in Fort Lauderdale, adding to the packed pipeline of luxury hospitality-branded developments in coastal Broward County. Ulis’ Admire Capital, an affiliate of her DA Capital Group, and Mumbai-ba
Ascendra, BAM land $60M construction loan for Miami condo project
A pair of developers scored a $60 million loan to build a condo building in Miami, as construction financing flows for South Florida residential projects amid higher interest rates. Ascendra Capital and BAM Development scored the loan for their planned eight-story, 117-unit Seventeen Gables Condomi
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