CLIENT NEWS: How a housing village rising at a Hialeah train station is changing a community

July 1, 2025

As commuters unload from carpools passing through the parking lot of a Tri-Rail station on a recent weekday morning, they’re greeted by a symphony of construction while waiting for their trains. Buzz saws and percussion drills crank up just 10 feet from the train platform, where workers in green vests and yellow safety helmets are building a new housing development. The eight-story residential building, named Metro Station 1, broke ground in May with a target completion by January 2026. The[...]

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CLIENT NEWS: Terra, Turnberry score $392M construction loan for Miami Beach convention center hotel

April 15, 2025

David Martin and Jackie Soffer’s long-planned convention center hotel in Miami Beach is moving forward. Martin’s Terra and Soffer’s Turnberry secured a $392 million construction loan from Adi Chugh’s Tyko Capital, according to sources. The developers plan to build a 17-story, 800-room hotel next to the Miami Beach Convention Center. The loan was first reported on the Bloomberg Terminal. Tyko, which has become an increasingly active lender in South Florida, is a joint venture between debt broker Chugh and billionaire[...]

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CLIENT NEWS: A Miami Beach hospital is expanding across the bay. What to know about health center.

April 3, 2025

Mount Sinai Medical Center plans to open a new freestanding ER, followed by a full-serve hospital and doctors’ offices, in a Miami-Dade community that’s home to more than 50,000 people. Construction of the four-story medical center is underway just off Southwest Eighth Street near the Palmetto Expressway in Westchester, a mostly residential neighborhood filled with homes, schools, parks and businesses. This will be Mount Sinai’s second hospital in South Florida. “We want to serve our patients the best we can[...]

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CLIENT NEWS: Miami Beach’s vanished, iconic Deauville Hotel is poised for an ‘even better’ return

March 24, 2025

The improbable return of Miami Beach’s iconic Deauville Hotel, demolished by implosion in 2022, has come one big step closer to becoming reality. And for North Beach residents and preservationists still reeling from the loss of the historic MiMo hotel, best known as a launching pad to fame for the Beatles, it’s like they can’t believe their luck. In a public hearing that might well be described as a love fest, Beach residents and city commissioners ardently embraced an unusually[...]

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CLIENT NEWS: Baron scores $206M construction loan for 661-unit apartment project in Hialeah

March 24, 2025

Baron Property Group scored a $206 million construction loan for the Metro Parc North apartment project in Hialeah. The New York-based firm is building the eight-story building with 661 units at 901 East 26th Street, according to a Baron news release. Construction started last month, and is expected to be completed in late 2027. Stamford, Connecticut-based Post Road Group is the lender, the release says. Ayush Kapahi of HKS Real Estate Advisors represented the borrower and lender. Designed by Modis[...]

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CLIENT NEWS: Miami Beach commission grants initial approval of Deauville redevelopment

March 24, 2025

Miami Beach commissioners approved land use changes that will allow the Meruelo family and David Martin’s Terra to build a larger project on the oceanfront property that was previously home to the Deauville Beach Resort. The commission on Wednesday evening voted six to 1, with commissioner David Suarez casting the sole ‘no’ vote, on first reading to approve two amendments that would apply to the 3.8-acre oceanfront property at 6701 Collins Avenue in North Beach. Mayor Steven Meiner and commissioners[...]

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