Lennar Corp. on Monday announced a merger agreement with Arlington, Virginia-based CalAtlantic Group Inc. in a deal valued at $9.3 billion. “This combination increases our scale in the markets that we already know …” said Stuart Miller, CEO of Miami-based Lennar (NYSE: LEN). “As a result, the combined company will have a Top 3 ranking…

After over 15 years of working on the project, the Related Group, Rabina Properties and Perella Weinberg Partners have welcomed the first residents into the 272-unit building along the New River at 500 E. Las Olas Blvd. Related Group VP Patrick Campbell said Icon Las Olas is over 60 percent leased after the developer started…

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“Over the last 10 years, we haven’t seen [enough] new office demand for us to be in a position to build new office,” m2e client, Stiles Corp. President Scott MacLaren said. “Now we have seen supply and demand move to a point that demands [building].” Through the first eight months of 2017, residential construction starts…

Attorneys Elaina Sodhi and Jay Steinman secured a $59 million loan for a mixed-use development despite a lending climate where some bankers are hesitant to advance money for condominium construction. “Many banks are a little bit tentative for lending in that market,” Steinman said. “There’s speculation that there’s a little bit of overheating in construction…

In 2016, the City of Pembroke Pines approved a deal to sell the 27.4-acre site at 16000 Pines Blvd. to Terra Group for $23.5 million in a two-phased purchase. The city had previously acquired the property from the U.S. Post Office for $17.88 million. The first phase of that deal just closed. Follow the link…

We have great news to share. The results of the 2017 DBR BEST OF Survey are in and once again M2e has been voted as the winner in the category of Best Local Engineering Firm. In addition, M2e will be featured as part of the Hall of Fame The results will be published in the…

The Related Group has submitted a proposal to demolish the residential building above downtown Miami’s Olympia Theater. Related’s plans are to renovate but not demolish the historic 1,567-seat theater. Read the full story here

The latest plan was filed by the Related Group and Terra Group, who want to rezone the one-acre site at 2765 South Bayshore Drive and 2850 Tigertail Ave. to allow for the construction of an eight-story office building with ground-floor retail. The item will go before the city’s Planning Zoning and Appeals Board on Sept….

Just under two years since Miami approved a new zoning plan for the Wynwood Art District, developers have proposed many projects that would introduce new uses to the neighborhood, often with architecture unlike anything found elsewhere in South Florida. m2e client, Jon Paul Perez, VP of Miami-based Related Group, said he saw all the property…