CLIENT NEWS: Acre agrees to public parking, $1M mitigation payment as Legion Park apartments move forward

February 6, 2026

Acre won approval for an apartment complex adjacent to a 48-acre waterfront park in Miami, agreeing to create public parking and offering a $1 million mitigation payment to the office of a Miami City Commission member. The 337-unit project, called Adela II, would rise at 645 Northeast 64th Street, just south of Legion Park and west of Acre’s 236-unit Adela at MiMo Bay apartment complex. The project has financing in place, including a loan from Canyon and equity from Acre’s[...]

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CLIENT NEWS: Inexpensive short-term rental project in Overtown scores $93M construction loan

December 30, 2025

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 news release. The loan is for One West Twelve Residences (One W12), the 22-story, 372-unit condo project planned for 105 Northwest Eleventh Terrace. The partners launched sales for One W12 last year, which is 97 percent presold, according to the[...]

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INDUSTRY NEWS: Builders Association of South Florida Celebrates Industry Leadership at 2025 Holiday & Awards Celebration

December 11, 2025

December 11, 2025 — The Builders Association of South Florida (BASF) hosted its annual Holiday and Awards Celebration this evening, bringing together industry leaders, elected officials, public-sector partners, and BASF members to honor another exceptional year of collaboration, advocacy, and community impact. The event was led by Master of Ceremonies Jose Felix Diaz, who opened the celebration by recognizing BASF’s commitment to its core mission: ensuring a streamlined permit process, advancing legislative advocacy, and strengthening partnerships across municipal, county, state,[...]

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CLIENT NEWS: Developer shrinks resi plans near Naranja, opting for townhomes

December 9, 2025

A developer scaled back his plan for a 500-unit project with mostly apartments near Naranja to a 245 townhome complex, citing higher demand for larger homes. Attorney Gus Deribeaux, through two entities, wants to develop the townhomes on a 17.3-acre mostly vacant site on the southwest corner of Old Dixie Highway and Southwest 280th Street in unincorporated Miami-Dade County, according to an application filed to the county late last month. The site consists of the vacant lots at 28030 and[...]

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CLIENT NEWS: D.R. Horton’s south Miami-Dade blitz to bring Florida City townhomes

December 9, 2025

D.R. Horton proposed a 108-townhome complex in Florida City, as it rushes to build in south Miami-Dade County. Texas-based D.R. Horton slated the project for a 7.2-acre site at 530 Southwest Third Avenue, 354 Southwest Seventh Street and two adjacent lots, according to the developer’s application filed to Miami-Dade County late last month. The homebuilder is under contract to purchase the four-lot property at an undisclosed price, the application says. The Torcise family, longtime farmers in the Florida City area,[...]

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CLIENT NEWS: 2Future’s QriarCity unveils a cutting-edge AI-driven Office transforming 1333 Dade in Miami Beach

December 9, 2025

The Miami real estate landscape is welcoming a powerful new force. 2Future, a visionary family office known for backing companies “crafting solutions to humanity’s biggest challenges,” has broken ground on its first major Miami Beach commercial project: the five-story 1333 Dade. Operating under its dedicated real estate platform, QriarCity, the firm is translating its forward-thinking ethos into the built world, promising an office building that defies convention. The start of construction on Dade Boulevard signals a commitment to a new[...]

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