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CLIENT NEWS: $175 million boost coming to resurgent Overtown, Miami’s original Black neighborhood

October 21, 2025

Just a few short years ago, the historic heart of Overtown, Miami’s original Black neighborhood, lay desolate and lifeless just steps from Biscayne Boulevard and downtown. There were few if any shops, few homes, not a single grocery store, but lots of vacant lots, the result of decades of demolition, disinvestment and abandonment. Today, the change along the six blocks of Northwest Second Avenue and its immediate vicinity is nothing short of dramatic. The streets are busy with pedestrians, thanks[...]

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CLIENT NEWS: Altman proposes 373-unit apartment complex near North Miami

September 7, 2023

Altman Companies wants to build a 373-unit multifamily complex near North Miami. The Fort Lauderdale-based firm has the 3.4-acre development site at 11240 Biscayne Boulevard in unincorporated Miami-Dade County under contract for an undisclosed price, according to an application Altman submitted to the county last week. The complex would rise 11 stories along Biscayne Boulevard and taper down to eight stories on the rest of the lot. Designed by CFE Architects, the development would include the required 12.5 percent of[...]

INDUSTRY NEWS: Miami Among The Top Cities For New Apartment Construction In 2023

September 7, 2023

Miami is projected to be one of the top U.S. cities for new apartment completions in 2023, according to a new analysis by RentCafe. Overall, the Miami metro area is expected to complete construction of 20,906 new apartments this year, the fourth most of any metro in the U.S. The City of Miami alone is expected to add 9,362 apartments – the most of any city in the metro area by far, and one of the highest of any city in[...]

CLIENT NEWS: Kushner picks up distressed Surfside site from Boymelgreen, lender

September 7, 2023

Kushner Companies paid $40 million for a distressed development site in Surfside, sources told The Real Deal. New York-based Kushner worked with the seller, Shaya Boymelgreen, and the lender, Fuse Group, to assume the debt and buy the property at 9300 Collins Avenue. The deal closed on Tuesday afternoon, the sources said. Kushner, led by Charles Kushner, his daughter Nicole Kushner Meyer and Laurent Morali, plans a luxury rental development. The vacant property is zoned for about 100 units with a maximum building[...]

CLIENT NEWS: Mount Sinai Buys Miami Development Site for $32M

September 7, 2023

Looks like a new Mount Sinai Medical Center will be erected in Miami. The nonprofit hospital chain paid $32 million for a developable site near Miami International Airport, property records show. The 5.6-acre parcel, which now functions as a surface parking lot for the Carlux Miami dealership, is between 8200 and 8250 SW Eighth Street, adjacent to Southwest 82nd Avenue in Westchester, Fla. It’s zoned under limited business use, meant for retail and service convenience facilities that satisfy the essential and frequent needs of a residential neighborhood. “As South[...]

CLIENT NEWS: Island Approves Developer’s 6-Story Apartment Complex

August 28, 2023

Clara Homes won approval from the town of Bay Harbor Islands for a six-story apartment complex. This is the third apartment complex planned on the island by Miami-based Clara Homes, led by James Curnin. Located on 1.3 acres at 10200 to 10290 E. Bay Harbor Drive, Clara Bay Harbor was approved for 77 apartments and 158 parking spaces, with required valet parking and car stacking with mechanical lifts. There would be a breezeway in the middle of the building. The[...]