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CLIENT NEWS: Coral Rock scores $54M construction loan for Live Local Act project in Allapattah

December 30, 2025

Coral Rock Development Group scored a $54 million construction loan for a Live Local Act project in Miami’s Allapattah. Developers across South Florida have seized on the state workforce and affordable housing law by filing a flurry of proposals, but few have advanced their projects to the financing and construction stage. Coral Gables-based Coral Rock plans to start construction in the first quarter on the eight-story, 227-unit Dulce Vida apartment building on a 1.3-acre site at 1785 Northwest 35th Street,[...]

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CLIENT NEWS: Congress plans 380-unit rental tower in Miami Health District

July 11, 2023

Congress Group wants to build a 27-story apartment tower next to the Shops at Civica in the Miami Health District, marking a switch from a previous plan for medical offices on the site. The Boston-based firm wants to build a 380-unit project on 0.85 acres at 1050 Northwest 14th Street, the triangular-shaped parking lot immediately south of Shops at Civica, according to Congress CEO Dean Stratouly and property records. “The office market, not just here but across the country, is[...]

CLIENT NEWS: Lionstone, Flag, Ben-Josef plan condo project between their South Beach hotels

July 6, 2023

The three families that own the Sagamore Hotel and adjacent Ritz-Carlton, South Beach propose a 15-story condominium on a portion of their hotels’ lots, as part of a larger aim to breathe life into a two-block stretch of Lincoln Road. The Lowensteins’ Lionstone Development, the Kanavos family’s Flag Luxury Group and the Ben-Josefs’ Ben-Josef Group want to build the 30-unit building behind the Sagamore at 1617 Collins Avenue and cantilever it over part of the Ritz-Carlton lot at 1 Lincoln[...]

CLIENT NEWS: Cornerstone affiliate buys Little Havana dev site for $15M

July 6, 2023

Brookstone Partners, an affiliate of The Cornerstone Group, paid $15 million for a Little Havana development site approved for a mixed-use project. Brookstone, led by Cornerstone principals Leon Wolfe and Jorge Lopez, acquired the 2.4-acre assemblage at 805 to 861 West Flagler Street and 826 to 860 Northwest First Street, according to records and Vizzda. The deal includes two signed leases with Aldi and Ross Dress For Less to anchor the retail component of the proposed development, which was previously[...]

CLIENT NEWS: ‘Dream’ New Section Of Baywalk Opens in Brickell

July 6, 2023

A small new section of Baywalk has just opened in Brickell. Politicians celebrated completion of the new stretch in a ceremony yesterday. The new stretch of Baywalk is behind the First Presbyterian Church property, where an “iconic” 80-story tower is in planning. The project includes 250 feet of new seawall. The seawall has been raised to a height of six feet, which is the new standard of the Miami 21 zoning code, according to commissioner Manolo Reyes. Eventually, the new section[...]

CLIENT NEWS: MG, Baron plan $600M, three-building rental project in Hialeah

July 6, 2023

MG Developer and Baron Property Group are ramping up work on their $600 million Metro Center project in Hialeah, with plans to start construction on a pair of rental buildings next year. Coral Gables-based MG and New York-based Baron are developing Metro Center on nearly 9 acres between East 26th and East 25th streets, and between East Ninth and 10th avenues, as well as several surrounding lots, according to an MG news release and property records. The 2.3 million-square-foot project[...]