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Top News In North Development Today - Breaking & Trending Today

Ricardo Dunin Launches Sales of Second Domus Condo Project

Ricardo Dunin and his Peruvian partner, Juan Carlos Tassara, are launching sales of their second Domus-branded short-term rental-friendly Brickell condo tower. ....

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Another Short-Term Rental: Miami River Project Lands $68M Loan

Alta Development landed the construction loan for its project just north of the Miami River and west of downtown. ....

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Cushman & Wakefield Arranges $70 Million in | MultifamilyBiz.com

MIAMI, FL - Cushman & Wakefield announced the commercial real estate services firm has arranged $70 million in construction financing for Domus Brickell Park, a 12-story, 172-unit residential condominium located at 1611 SW 2nd Avenue in Miami’s Brickell neighborhood. The building will follow a “flexible apartments for temporary stays (FLATS)” model and allow unrestricted short-term renting.
Robert Kaplan and Mark Rutherford of Cushman & Wakefield secured the financing. ....

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Forman Capital Funds $54.56 Million Construction

PALM BEACH, FL - Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, provided a $54.56 million construction loan to the developer of a condominium-hotel project in Miami’s Brickell Financial District. The 12-story, 172-unit Domus FLATS (Flexible Apartments for Temporary Stays) at Brickell Park will bring a new condo-hotel brand to the market and fill a void for flexible ownership product.
Located at 1611 SW Second Ave., Domus FLATS is being developed. ....

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North Korean official may have been killed by protesters in China

At least one North Korean government official was killed and three others were seriously injured in China after a series of protests by North Korean workers there earlier this month, an expert at a state-funded think tank claimed on Monday, citing multiple sources. ....

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