Kolter Group

Kolter Group and BH Group hold 163 of 172 units at Port Royale, 6969 Collins Ave, for $61.6M, with Wells Fargo financing now $83.2M and nine holdouts left.

Two closings in two days push Kolter's bet on Landstar Development Group's Palm Beach Gardens megaproject past nine figures.

Kempinski's US debut gets its interiors. The land underneath it traded for $33.6 million two years before pricing opened above $1.5 million a unit.

Kolter, Carlyle and Altman push a 12-story rental into a corridor still absorbing supply, betting workforce pricing carries the lease-up.

Kolter's methodical, block-by-block buying is the playbook for entitling an oceanfront tower where no single seller controls the land.

The joint venture cleared the last units on a Collins Avenue block it wants to redevelop into an ultra-low-density luxury condo.