Rilea Group lands $149M multifamily construction loan in overheated Wynwood
Rilea Group landed a $149.2 million in construction financing for its planned Mohawk at Wynwood, a 300-unit apartment tower. The Miami-based real estate developer secured $124.2 million in C-PACE capital from Nuveen Green Capital and a $25 million senior loan from ABANCA USA, arranged by Javier Herr
$18M Sunset Islands deal tops pending contracts at year’s start
A group of investors kicked off the new year with a signed contract to sell their non-waterfront Miami Beach home asking nearly $18 million. The pending deal marks the most expensive of seven contracts signed in Miami-Dade County between Dec. 29 and Jan. 4, according to the latest Eklund-Gomes repor
Affiliated scores $73M construction loan in Boynton Beach amid Live Local rush
Affiliated Development scored a $73 million construction loan for a Live Local Act project in Boynton Beach, amid a rush to build apartments under the state workforce housing law. Fort Lauderdale-based Affiliated, a workforce and affordable rentals developer, started construction of The Dune with 3
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