Lidia Dinkova
Real Estate Reporter at The Real Deal
Real estate reporter @trdmiami. Reach me at [email protected]. Past words in @dbreview, @TCPalm, @miamitodaynews, @USATODAY and @AP
Articles
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4 days ago |
therealdeal.com | Lidia Dinkova
Developer Asi Cymbal was looking for a real estate loan at a bad time. After finishing a 341-unit apartment complex in Miami Gardens in the spring of 2024, he needed to pay off its $102.5 million construction debt and bolster the project’s cash reserves. But with the impending presidential election, elevated interest rates and slow multifamily lease-ups in South Florida, uncertainty loomed.
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1 week ago |
therealdeal.com | Lidia Dinkova
LivWrk wants to build a 1,363-unit Live Local Act project in Wynwood, as developers continue to supersize their proposed projects under the state’s affordable and workforce housing law. The Brooklyn-based firm wants to develop three 45-story towers with 23,200 square feet of retail and 912 parking spaces on a five-lot assemblage on the northwest corner of North Miami Avenue and Northwest 24th Street in Miami, according to a city board meeting’s agenda.
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1 week ago |
therealdeal.com | Lidia Dinkova
Keystone Development + Investment is planning to create 212 apartments in Kendall through office-to-residential conversions, a rare adaptation in South Florida. Across the Northeast, developers have jumped on retrofitting office buildings into apartments, partly due to the growth of hybrid work. It’s especially common in New York, where projects are aided by tax breaks.
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1 week ago |
therealdeal.com | Lidia Dinkova
Aconcagua proposes a 239-unit multifamily project in Naranja, amid continuing development in south Miami-Dade County. The Brickell-based firm wants to build a seven-story building with 4,500 square feet of retail and a two-story parking podium on the 3-acre vacant site on the northeast corner of South Dixie Highway and Southwest 264th Avenue/Bauer Drive in an unincorporated area of the county, according to an application filed last week.
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1 week ago |
therealdeal.com | Lidia Dinkova
Raimundo Onetto’s Alta Developers scored a $94.2 million construction loan for a 174-unit condo project in Coral Gables. The loan underscores how financing continues to flow in South Florida, despite elevated interest rates, skyrocketing insurance and other economic headwinds. Miami-based Alta started construction of the 12-story Cassia – The Residences at Coral Gables, at 4011 Salzedo Street, in December, according to records.
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The real estate industry is noticeably mum on Trump's tariffs. "Did fears of angering our quick-tempered leader move a typically loquacious industry to bite its tongue? Maybe." –– TRD's Keith Larsen and Suzannah Cavanaugh write. Full story: https://t.co/do7IsVog9J
Update: Brickell residents opposing the historic declassification of the school building behind First Miami Presbyterian Church lost their fight.
Contentious issue today in front of Miami commissioners: https://t.co/GFwQj0fCk3
Contentious issue today in front of Miami commissioners: https://t.co/GFwQj0fCk3
Commission Meeting - Morning Session - April 10, 2025 https://t.co/7YIoWVCRIz