Inexpensive short-term rental project in Overtown scores $93M construction loan
PMG, Michael Simkins’ Lion Development Group and Alex Karakhanian’s Lndmrk Development scored a $92.5 million construction loan for their short-term-rental friendly condo project in Miami’s Overtown neighborhood. The partners secured financing from New York-based Maxim Capital Group, according to a
Here are South Florida’s top residential sales of 2025
South Florida’s most expensive residential sales this year show a bifurcated market: one for the billionaires, and one for the rest. It’s a sign of how the wealth migration that began in the pandemic is shaping the region. For the first time in recent years, though, Florida’s most expensive home sal
Votes on tap: Namdar, Helm seize on Live Local Act with resi towers
Three developers with plans to add 1,600 multifamily units to Miami, including some workforce apartments through the Live Local Act, are headed to a city projects review board. Namdar Group and Helm Equities each propose a Live Local Act project, and Crescent Heights wants to continue its developmen
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