Alta Developers broke ground on an apartment tower in the Dadeland area of Miami-Dade County after securing a $60.55 million construction loan.

CMTG Lender 63 LLC, in care of Mack Real Estate Credit Strategies in New York, provided the mortgage to Alta 9600 Phase I LLC, managed by Felipe Raimundo Onetto and Juan Ignacio Montes, the principals of Miami-based Alta Developers. The funding covers the first phase of the project on the two-acre site at 9600 S. Dixie Highway.

Doral-based Jaxi Builders recently filed notice with the county that it started construction of 296 apartments and 14,662 square feet of retail called Alta 9600. 

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Neology Life, led by developer Lissette Calderon, broke ground on an apartment complex in Miami’s Allapattah neighborhood after obtaining a $78.2 million construction loan.

The Julia apartments, named for Miami founder Julia Tuttle, will have 323 units. Construction on the 14-story building at 1625 N.W. 20th St. is expected to be completed by mid-2023. The developer said the total cost of the project would be $100 million. 

Doral-based Jaxi Builders is the general contractor.

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October 13, 2021

MIAMI, Fla. – Trez Capital, a private real estate lender helping to build better communities across North America, funded a $78,197,393 construction loan for a 323-unit mid-rise apartment building in Miami’s emerging Allapattah neighborhood. Read Full Article Here

Pioneering Miami developer The Astor Companies is setting a new standard for luxury, sophistication and lifestyle in the “City Beautiful” with the completion of Merrick Manor.

The 10-story, mixed-use building with 227 residences and nearly 20,000 square feet of retail and restaurant space represents the only new, move-in ready condominium offering in Coral Gables.

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Miami-based JAXI Builders Inc., which plans to build a high-rise condominium in downtown Fort Myers, is among the top 25 homebuilders in Southeast Florida. Read Full Article Here

CORAL GABLES, Fla. – Pioneering Miami developer The Astor Companies has topped off construction ahead of schedule at Merrick Manor, a luxury residential project rising in the heart of Coral Gables. Construction of the 10-story, 227-residence project at 301 Altara Avenue was originally scheduled to top off during the first quarter of 2018. Read Full Article Here

The Astor Companies finalizing Merrick Manor permits with the City of Coral Gables and builds-out brand new Sales Gallery, directly across the street from the Merrick Manor construction site. New Sales Gallery will display a model residence, to showcase the cabinets, finishes, fixtures as well as interior design packages and residences by Interiors by Steven G. Read Full Article Here