Developers Secure $197 Million Construction Loan For Olana Naples Residences

Kolter Urban and BH Group have secured $197 million in construction financing for Olana Naples Residences, a 12-unit beachfront condominium development at 1121 Gulf Shore Boulevard North in Naples. Designed by Randall Stofft Architects and SB Architects, with interiors by New York-based Champalimaud Design, the development will feature residences spanning approximately 10,000 square feet each. The financing was provided by affiliates of Apollo Global Management, Inc. and affiliates of BDT & MSD Partners.

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Construction Manager Selected For 409-Unit Magnolia Point Phase 1 In Miami-Dade County

ANF has been selected as construction manager for Magnolia Point Phase 1, a mixed-use development planned to deliver 409 affordable housing units at SW 296th Street and Old Dixie Highway in the Leisure City area of Miami-Dade County. Developed by Legacy Five Developments and designed by Palenzuela & Hevia Design Group, the approximately 476,183-square-foot first phase will comprise five buildings rising between three and six stories, along with 7,510 square feet of neighborhood-serving retail space.

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Kinward At Spencer Glen Opens At 10040 Blackstone Creek Court In Riverview, Florida

Kinward Living has announced the opening of Kinward at Spencer Glen, a build-to-rent townhome community at 10040 Blackstone Creek Court in Riverview, Florida. Developed by Kinward Living, the vertically integrated build-to-rent platform of Tampa-based Eisenhower Property Group, the community will yield 172 three- and four-bedroom residences upon completion. The property is located near US-301 and Big Bend Road within the larger Spencer Glen community.

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