Naftali Group closed on nearly half a billion in financing for its JEM Private Residences at Miami Worldcenter. The New York-based development firm secured $235 million in C-PACE financing from Darien, Connecticut-based Nuveen Green Capital, and $230 million in traditional construction loans from BHI, the U.S. arm of Israel-based Bank Hapoalim, according to a press … Read more
Gatsby Florida is anticipating an influx of New York office tenants for its planned mixed-use project in Palm Beach Gardens in the wake of Zohran Mamdani’s mayoral victory. Miami-based Gatsby, led by co-founder Babak Ebrahimzadeh, finalized construction plans for The Modern at Palm Beach Gardens, a 220,000-square-foot building and an adjacent six-level parking garage with … Read more
13th Floor and Key International are launching a Nobu-branded condo tower in Miami’s Brickell, the brand’s first residential project in the city. The announcement follows a controversial fight over the development site, which is on the longtime grounds of the historic First Miami Presbyterian Church at 609 Brickell Avenue. Brickell residents opposing the development lost … Read more
A “trailblazing” tiny tower that measures six stories high—and just 12 feet wide—has hit the market in Philadelphia’s bustling Brewerytown for a price that is as petite as its compact footprint. Listed for just $395,000, the 38-foot “miniskyscraper,” which has soared to the top of the week’s most popular homes list, was created by ISA … Read more