Terra And Partners Secure $507 Million Construction Loan For 28-Story Condominium At 1250 West Avenue In Miami Beach

Terra, in partnership with RG Development Group, GV Development, and LORE Development, has secured a $507 million construction loan from TYKO Capital for a planned 28-story waterfront condominium development at 1250 West Avenue in Miami Beach. The project will rise along the western shoreline of Miami Beach, overlooking Biscayne Bay, and will contain 106 residential units. The financing comes as the development team prepares to advance construction, with sales expected to begin in 2027.

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Housing Trust Group And AM Affordable Housing Celebrate Opening Of $58 Million Courtside Apartments II In Overtown, Miami

Housing Trust Group (HTG) and AM Affordable Housing, a nonprofit founded by NBA Hall of Famer Alonzo Mourning, have celebrated the grand opening of Courtside Apartments II, a $58 million affordable housing development in Miami’s historic Overtown neighborhood. Designed by Corwil Architects, the project comprises two five-story residential buildings containing 120 income-restricted apartments at 1698 NW 3rd Avenue and 1501 NW 4th Avenue. BDI Construction served as the general contractor.

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Aimco And SERHANT. Unveil FIVESIXTY Waterfront Residences + Club In Edgewater, Miami

Aimco and SERHANT. New Development have announced FIVESIXTY Waterfront Residences + Club, a 38-story luxury rental tower nearing completion at 560 Northeast 34th Street in Miami’s Edgewater neighborhood. Designed by Stantec, the approximately 497-foot-tall waterfront development will contain 114 residences overlooking Biscayne Bay, combining condominium-scale living spaces with hospitality-oriented services and amenities. SERHANT. New Development is overseeing exclusive leasing and marketing.

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