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LCOR’s $192M Miami Tower Amid Market Shifts | Real Estate News

LCOR’s $192M Miami Tower Amid Market Shifts | Real Estate News

Published 1 month, 1 week ago
Description

LCOR just landed a $192.5 million construction loan for a 39-story luxury apartment tower in Edgewater, Miami — featuring 544 units, waterfront views, and over 40,000 sq ft of amenities — despite a current oversupply and falling rents. Developers are betting on rising demand from out-of-state movers and strategic site selection to fuel future growth, with major players like Cain & Kushner and Dezer Development also moving forward with new towers across South Florida.

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