AvalonBay buys city block in South Miami as investors get in position for multifamily bounceback
Investors are continuing to bet big on South Florida’s multifamily market, with three recent acquisitions across South Miami and Fort Lauderdale led by a record-setting development site purchase. AvalonBay Communities paid $22 million for a full city block development site, at 5920 Sunset Drive to 5
Nahla’s $1B Raleigh Miami Beach expansion proposal secures blessing from board despite height concerns
Nahla Capital moved one step closer to securing approval for tweaks that will allow the developer to increase the size of the proposed Raleigh Miami Beach, a Rosewood-branded luxury condo and hotel project that’s been in the works for years. Nahla acquired the 3-acre oceanfront assemblage at 1775,
“You get what you pay for”: Fort Lauderdale will pursue $217M city hall project
After briefly considering buying and retrofitting an existing building into a city hall, Fort Lauderdale reverted to its original plan to develop from the ground up. Commissioners voted 3-2 on Thursday in favor of having a developer build a $217.1 million city hall, which would cost Fort Lauderdale
Recent Posts
