New Construction

New-home construction cools in September
New-home construction cools in September

The decrease was driven by a 5.1% month-over-month slide in the rate of multifamily starts, while single-family construction was flat.

North Miami Beach Aliro Apartments expansion project to break ground in 2022
North Miami Beach Aliro Apartments expansion project to break ground in 2022

A $120 million expansion of the Aliro Apartments development in North Miami Beach, is expected to break ground in early spring of 2022, according to a press release. FINFROCK will serve as the project’s architect, structural engineer, precast concrete

New-home sales rise in August
New-home sales rise in August

The seasonally adjusted estimate of new houses for sale at the end of July was 378,000, representing a supply of 6.1 months at the current sales rate.

Miami Beach approves Ocean Terrace redevelopment plans
Miami Beach approves Ocean Terrace redevelopment plans

Located on Collins Avenue between 74th and 75th streets, the development will include a 20-story, 75-unit residential building with restaurant and retail spaces, a 127-room hotel and a five-acre park.

New-home construction falls in July
New-home construction falls in July

“The bright spot in an otherwise underwhelming report comes from the increase in the overall number of permits issued, which can signal how much home construction is in the pipeline.” — First American deputy chief economist Odeta Kushi

Red hot market squeezing out first-time new home buyers
Red hot market squeezing out first-time new home buyers

The number of new entry-level homes with two-bedrooms and about 1,400 square feet has fallen to its lowest level in five decades, according to Freddie Mac. This makes it harder for first-time new homebuyers to escape renting.

La Costa evacuated, and Mast Capital buys with plans to demolish
La Costa evacuated, and Mast Capital buys with plans to demolish

Mast Capital acquired a majority of the units at La Costa on Miami Beach for more than $100 million in May before the order to evacuate the unsafe structure. They plan to build a luxury tower on the site of the oceanfront condo building that was ordered evacuated by the city.

$52.8M construction loan secured for second phase of ALINA Residences
$52.8M construction loan secured for second phase of ALINA Residences

ALINA Residences in Boca Raton secures $52.8 million loan for second phase of construction.

Miami based Condos.com launches
Miami based Condos.com launches

Condos.com launched and is a real estate sales website dedicated to new and pre-construction condominiums.

Waldorf Astoria Residences Miami celebrated the grand opening of the first-of-its-kind experiential sales gallery
Waldorf Astoria Residences Miami celebrated the grand opening of the first-of-its-kind experiential sales gallery

Developer PMG and partners officially unveiled the multi-million dollar, first-of-its-kind Waldorf Astoria Experiential Sales Gallery for Waldorf Astoria Residences Miami at a ceremony on June 17th.

New Subscribe