Sales have passed 50% at Alta Developers’ Cassia – The Residences at Coral Gables, following its groundbreaking last month, with construction moving forward quickly. Located in the vibrant Merrick Park District at 4011 Salzedo St., the development has already attracted significant interest, reflecting the excitement around this exceptional new addition to the area.
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Casa Bella Residences by B&B Italia Locks Down $240 Million In Financing Following Groundbreaking
Related Group and partner Alta Developers have closed on $240 million in financing for the highly-anticipated residential tower, Casa Bella Residences by B&B Italia (Casa Bella), which broke ground earlier this month in Downtown Miami’s burgeoning Arts and Cultural District. The loan was provided by Cain International (Cain) — a privately held investment firm with over $16 billion in assets under management.
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Casa Bella By B&B Italia Already 20% Reserved As Related Group And Alta Developers Officially Launch Sales
Related Group and Alta Developers have officially launched sales at Casa Bella by B&B Italia. The project was launched roughly a month ago through predominantly a whisper campaign and has already achieved 20% sold with reservations of $80 million.
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AvalonBay Communities Acquires South Miami Winn-Dixie Site For $18.95 Million
AvalonBay Communities, led by CEO Timothy Naughton, has acquired a South Miami Winn-Dixie site located at 5850 SW 73rd Street for $18.95 million. The seller was a joint venture between entities tied to the Bacardi family and Alta Development, led by Henry Pino, who had acquired the property in 2007 for $14.5 million.
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