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Tag: Multifamily Market

Ben Josef Group proposes 561-unit project near North Miami

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Ben Josef Group proposes 561-unit project near North Miami

The Ben-Josef family, owners of the Sagamore Hotel South Beach, is proposing a 561-unit apartment building near North Miami. Their plan comes at a time when South Florida is experiencing a boom in multifamily construction, with the tri-county region expecting a record number of new housing units by year’s end. Ben Josef Group Holdings wants […]

Where are apartment rents falling in South Florida?

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Where are apartment rents falling in South Florida?

Apartment rents are declining in some South Florida communities, a sharp reversal of record price increases in the tri-county region in recent years, a new report shows. While this is bad news for landlords and a welcome relief for cost-burdened tenants, the rent declines in some areas may not be indicative of a long-term, region-wide […]