Miami’s luxury condominium market may be lagging in sales, but construction financing is still flowing for projects already underway. m2e Client, Paramount Miami Worldcenter, a 60-story tower with over 500 units, just landed a $285 million loan that will fuel construction at the downtown Miami site. The bulk of the loan comes from Mexico City’s Inbursa…

m2e client, Lennar Corp. CEO Stuart Miller, along with the rest of his executive team, received a boost in compensation in 2016. The Miami-based homebuilder (NYSE: LEN) disclosed its executive compensation in its proxy to shareholders on Tuesday. The five executives who had their compensation listed all saw growth primarily because of larger cash payments under…

Lennar Homes acquired the long-stalled Silver Palms Southwest project in southern Miami-Dade County for $10.3 million. Madeira Investors, managed by Juan Carlos Rodriguez in St. Augustine, sold the 106 home lots at the southwest corner of Southwest 240th Street and Southwest 117th Avenue to Lennar Homes, an affiliate of Miami-based Lennar Corp. (NYSE: LEN). Follow the…

The Greater Boca Raton Beach and Park District wants to buy a closed golf course from m2e Client, Lennar Corp., which had intended to develop it. The 202-acre Ocean Breeze Golf & Country Club at 5801 N.W. 2nd Ave., within the Boca Teeca neighborhood, was seized in foreclosure by Wells Fargo Bank in 2016. The…

The Broward College Board of Trustees unanimously approved on Tuesday a lease and pre-development agreement with m2e client, Stiles Corp. for a new office building on Las Olas Boulevard in downtown Fort Lauderdale. The Fort Lauderdale-based developer plans to build 14 stories of “Class A” office of 401,857 square feet, 17,500 square feet of ground-floor retail and…

m2e Clients are listed at numbers 1, 2, 6, 8 and 9 While the state of Miami development appears to be cooling from its previously frenetic (and unsustainable) pace, the Magic City continues to balloon with high-rises under construction across a slew of active neighborhoods. Nowhere is the birth of towers more prominent than at Miami’s…

The Broward College Board (BC) of Trustees will consider finalizing a lease deal with m2e Client, Stiles Corp. on Feb. 28 to facilitate the redevelopment of a site on Las Olas Boulevard in downtown Fort Lauderdale. The college could approve a ground lease with the Fort Lauderdale-based developer for the 1.4-acre site at 225 E. Las Olas…

m2e Client, Property Markets Group bought part of Las Olas Riverfront in Fort Lauderdale to begin a major redevelopment project. Las Olas Riverfront LP, an affiliate of Merrimac Ventures led by President Dev Motwani, sold 2.38 acres of the 3.67-acre property at 300 S.W. 1st Ave. to New York-based PMG for $29 million. It’s the western…

As Coconut Grove surges with new condos, restaurants and shops, m2e client, developer David Martin is planning what he sees as the missing link in the Grove’s revitalization: its first new office building since 1989. The project will adapt an existing city of Miami parking garage at 2850 Oak Ave. into a five-story mid-rise with…

m2e Client, developer Jorge Pérez, chairman of The Related Group of Florida, is widely known as Miami’s condo king for the tens of thousands of units his firm has erected across the region, reshaping the skyline as his business has grown. Leading its signature division is Carlos Rosso, president of condominium development. Since joining the…