Multifamily Development

An issued vertical permit at 606 W Flagler St means financing has closed, even though the ownership entity behind it has no public name attached.

A 3.08-acre industrial site on South Dixie Highway would become 394 apartments, with staff recommending approval of the design, site plan and a corner setback variance.

Starwood Property Trust refinanced NRI's roughly 200-unit apartment building at Thesis Miami in Coral Gables with a $135M loan, about $650K per unit.

The Financial District building was NewYork-Presbyterian staff housing, not an office tower, and has sat empty since 2016.

The office tower that once housed ODP Corporation's headquarters is giving way to the first residential building on a 29-acre Palm Beach County campus.

The Miami-based developer is doubling down on downtown West Palm Beach with a second Soleste tower backed by an $8.4 million Banesco USA loan.

Richman Group refinanced three stabilized Florida apartment towers, including Miami-Dade's Vista Sur, for $225M at rates from 5.74% to 6.15%.

The Miami-Dade permit lists the general contractor, the exact valuation and the owner entity behind the third phase of the 374-unit Casa Princeton community in unincorporated south Miami-Dade.

A KBRA presale report puts a hard leverage number on a large SFR portfolio clearing the securitization market, useful math for anyone with 2026 debt coming due.

A national multifamily builder is staffing up in Delray Beach before it has visible product to show for it.

Namdar Group pulled a $110M permit for 714-unit Phase II of 222 Namdar Towers in Downtown Miami, with GC John Moriarty already on the job.

Rilea Group's Mohawk at Wynwood, backed by $124.2M in C-PACE debt, has pulled an $85.6M new-construction permit.

Varia US Properties, managed by SWI Group's Stoneweg, moves 13 of 17 US multifamily assets into a $694M JV with Brookfield.

A single-family builder just got a Broward city to sign off on high-rise rentals, and that is the density test other sponsors will point to next.

A Swiss investment manager is testing how much density and product Coral Gables' main commercial corridor will absorb, on ground the city already cleared once.

PNC Bank's construction loan funds the first of roughly 1,000 planned units on a Bird Road site Coastland assembled for $14.5 million.

Richard Goldenberg's Beach Causeway LLC filed plans for a 765-unit Live Local project in Fort Lauderdale, with 306 units reserved as affordable.

Equity Residential and AvalonBay's all-stock merger, now named Vivmark Residential, creates a $71B, 180,000-unit landlord and single dominant counterparty.

Cardone Capital paid $89.75M, or $318,000 a unit, for 282 Naples apartments, about 41% above a comparable South Florida trade this July.

Neighbors near Baptist Health's Kendall campus filed 37 objections against two density-bonus apartment rezonings totaling 146 units.

IMC Equity Group is converting West Little River mall parking into a 280-unit apartment phase filed for administrative review, no public hearing needed.

Our permit wire caught the filing first: an 8-story, 366-unit tower on a warehouse assemblage Norle Properties has been quietly building toward since 2024.

A $28M building permit just went active on the North Miami site where Kolter, Carlyle and Altman are building the 336-unit Alton Biscayne.

The headline is the sale. The story for developers is the per-door math on a 36-year-old complex bought whole and put back to work as rentals.

Harbor Group International bought the 505-unit Emerald Palms complex near Zoo Miami for $109M, assuming a $97M Freddie Mac loan from seller Milestone Group.

Two 36-story towers and a 19-story third tower would use the state law's height and zoning override, with 40% of units set aside as workforce housing.

Clara Homes secured a $101.5 million refinancing from Hudson Bay Capital on the first two phases of its Clara Bay Harbour project in Bay Harbor Islands.

Every conventional condo loan now needs a full look at the association's finances, no more shortcut for buyers with bigger down payments.

The Dallas sponsor bought the complex for $107 million in 2021. Five years later it sold for barely more, a quiet data point on where Miami rental pricing actually sits.

Krea USA secured a $61.8 million construction loan from Spanish bank Abanca for its 385-unit Le Parc at Lauderhill rental project in Broward County.

Camden's own filing prices the 11-community sale at $1.625 billion, or roughly $449,000 a door, in the priciest apartment trade in two years.

A years-long fight over the sale price of a 6.6-acre county parcel next to West Palm Beach's transit hub is over, unlocking a 1.3 million-square-foot site for roughly 1,000 units.

The developer is pursuing 364 apartments on 10.3 of 28.1 acres at a working Miami-Dade magnet school, land sourced through a district ground lease rather than the open market.

Willow Bridge paid $24.7 million for a fully entitled 259-unit Fort Lauderdale site near the Galleria Mall, skipping the entitlement fight Procacci already won.

The floating-rate, interest-only structure shows what agency lenders will still write against student housing at scale, and at what price.

The off-market, sub-5% cap rate trade shows how tight rental townhome supply has gotten in Broward's Emerald Hills.

Madison Realty Capital and Yellowstone Real Estate took out Post Road's construction debt at partial lease-up, a signal on what lenders will fund today.

Blue Investment sold a 112-unit, 1947-built Little River apartment complex to three Leo Delgado-linked LLCs for $19M, county and deed records show.

The permit itself, not a survey, gives builders a current Miami-Dade hard-cost number: $192,750 per unit on an 80-unit workforce project.

The Coconut Grove firm is trading its South Florida multifamily niche for district-scale mixed use, and putting the first bet in the neighborhood it already knows.

A permit line that looks like a new filing is really a job nine months into construction, with a contractor that was never at arm's length.

A single balance sheet will write nine figures against a stabilized rent roll again. It still will not do it against a construction budget.

Five more apartments against nine fewer spaces, on land the developer will never have to buy.

A 13-slip private marina is the amenity, but the real one is a Boca Raton view at a Deerfield Beach basis.

The condo owners terminated the association first, then the building sold whole. Deconversion is becoming a repeatable acquisition strategy in Palm Beach County.

A value-add operator keeps buying existing Florida rentals, a quieter counterpoint to the market's oversupply anxiety.

Broward's supply-tight beachfront could get its density ceiling lifted. Height stays, but the floor-area cap that limits scale would go.

A county park-and-ride becomes housing. Phase one proves the public-private TOD template can actually deliver units.

A financing model that skips the 4% credit is the news, not the 102 units.

The headline is real and two years old. Our own 2026 numbers run the other way, and the gap is wider than anyone is saying.

The city is racing a November ballot measure. Developers should read the calendar, not the press release.

The entitlement constraint in Hollywood is no longer height or parking. It is whether any units are left to allocate.

Five years after paying $94M for the dirt, Witkoff has construction money for phase one. The other two towers do not.

One meeting, one zoning district, two directions: MF32 frozen on the waterfront, MF32 granted inland on Haverhill.

A $3.5M land basis from 2022 is now carrying a $43M construction loan in a submarket almost nobody has capitalized.

The city never calls it a moratorium. It is a Zoning in Progress declaration, and its footprint is far narrower than the coverage suggests.

Two towers, a county library branch, and 750 new homes on a public housing site in West Coconut Grove.

A 2024 plan filing has quietly converted into a permitted building. The developer is also the general contractor.

Seven 34-story towers on 12 acres, cleared largely by state preemption of local zoning. This is the scale Live Local now enables.

A record single-bank apartment conduit tells developers the private-label debt window is reopening, and where it favors.

A 2.2M-sq-ft affordable senior play tests how far ED1's by-right path can scale in a single Warner Center project.

The financing shows how a $2 land buy plus a public lender pencils affordable units in one of Brooklyn's costliest submarkets.

A German bank and a value-add equity partner are still funding new high-rise rental in Dallas' densest submarket.

The developer that made Fulton Market an office hub is now selling land to a residential builder.

One Stockyards project starts while the marquee $1B phase sits stuck, a lesson in de-risking the entitlement you actually control.

A live case study in what it now takes to get a big San Francisco waterfront project across the financing line.

The read for developers: the 1980s-scale supply wave is being absorbed, and the timing window on distressed deals is starting to close.

If the math holds, workforce housing stops being a subsidy product and starts being a cost-basis product.

What the capital drought does to mid-size merchant builders: it makes them combine.

The path to owning single-family rentals now runs through the construction loan, not the MLS.

The maturity wall is real, but for stabilized 2019-2023 product, the refinancing window is reopening.

Record rents and a permit surge are telling developers the same thing: New York is short of housing.

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

The oversupply story has an inverse. Where new deliveries stayed scarce, pricing power never left, and it is showing up in the numbers first.

A vote of confidence in downtown rentals just as new supply dries up and the maturity wall forces owners to recut 2019 debt.

A low-density, big-unit tower is a bet that Uptown renters want space over amenity sprawl in an oversupplied metro.

Now that the ban is real, the question is how capital routes around it, and the widest lane points straight at build-to-rent.

One of the year's larger Edgewater multifamily financings sends a 36-story tower toward a 2028 delivery.

A residential-and-hospitality high-rise lands in one of Houston's cultural cores.

A $25M funding gap and tariff-driven cost pressure stalled the 357-unit project, testing mass timber's economics.

A layered tax-credit, tax-exempt bond and green-energy stack keeps one of New York's largest affordable builds moving.

Owners of apartment buildings in unincorporated LA County would have to notify affordable-housing buyers before selling, with a right of first refusal on the table.

New York's Dependable Equities lines up early financing for a 2-million-square-foot bet between the New and Tarpon rivers.

A rare nine-figure trade in one of LA County's priciest rental markets.

A 789-foot rental tower in the Financial District draws a nine-figure debt package as it climbs past the halfway mark.

One of the country's largest apartment REITs is expanding in South Florida at a land basis its brokers call a record for the submarket.

One of the country's largest apartment managers exits the RealPage antitrust fight, agreeing to price its units independently.

The 176-unit Civic Lofts changed hands for $30 million, less than half the $63 million paid at the 2021 peak, as rising vacancy resets values in Denver's core.

The 209-unit pair on the Upper West Side, more than half backed by Section 8 vouchers, traded at about $359,000 a unit.

The 5.8-acre uptown site, entitled for more than 550 apartments, changed hands twice in two months after Peachtree Group's foreclosure filing.

The developer will merge the Haddon Hall hotel and the Campton Apartments, both 1940s Art Deco, into a 262-room Starwood Treehouse hotel.

A nine-figure-adjacent construction loan for a New Jersey rental signals private lenders still funding well-located multifamily starts.

The former HUD housing chief returns to the private sector to advise clients navigating agency financing and shifting policy.