Partnership Receives $507M Construction Loan for Miami Beach Multifamily Tower
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Miami continues to absorb foreign capital and high-net-worth domestic migration. Brickell and Edgewater multifamily cap rates have led the recent compression, and hospitality continues to clear at premium basis on the back of constrained supply. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 24th Miami story tracked on the wire in October 2026. All Miami coverage →
- Disclosed multifamily deal value tracked in October 2026: $3.5B across 46 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
MIAMI BEACH, FLA. — A partnership between local developer Terra, RG Development Group, GV Development and LORE Development has received a $507 million construction loan for 1250 West Avenue, a new multifamily tower th…
External link. Real Estate Trail does not republish source content.
Related coverage — Miami · Multifamily
Berkadia Arranges Refis for 3 S. Florida Rental Communities
Berkadia arranged $36.7 million in financing on behalf of Rental Asset Management (RAM) of Lauderdale, Florida for three multifamily communities across the state, including two in Miami-Dade County. Matthew Robbins an…
Association Law Group (ALG) Celebrates 20 Years with Growing Roster of Top Attorneys, Expanded Offices and representing Miami's Premier Towers
MIAMI, Oct. 12, 2026 /PRNewswire/ -- Association Law Group (ALG), a Miami-based law firm dedicated to representing community associations and condominiums, celebrated its 20th year anniversary in business. ALG was pre…
Two New Retail Tenants Open at Dadeland Station in Miami
MIAMI — Two new anchor retail tenants have opened at Dadeland Station, a 350,000-square-foot, three-level retail power center located in Miami, just east of the Dadeland Mall. Burlington opened in August, followed by…
Miami Design District Associates And BH3 Management Partner On 20-Story, 250,000-Square-Foot Office Tower In Miami Design District
Charter School Inks 56K-SF Lease in Retail Center Near Miami Suburb
Charter school network BridgePrep Academy will open another location, this time inside a shopping center in Miami-Dade County. The school operator, which has 19 locations across Florida, signed a 56,000-square-foot le…
S3 Capital Supplies $20M for Boutique Miami Beach Condo
Trinity Southern has closed on the purchase of a development site and nabbed a $19.5 million construction loan for a boutique condo development on the waterfront in Miami Beach, property records show. S3 Capital provi…