MIAMI—Richman Group of Florida is pulling out all the multifamily stops. After starting construction in two luxury multifamily communities in Central Florida, the company has turned its attention to the Miami suburb of Kendall.
Richman just started construction on Azura, a $47 million luxury multifamily community. Azura marks the fifth multifamily luxury residential project Richman has closed on in Florida within the last 12 months.
“Azura's desirable suburban in-fill location within Miami Dade County is an excellent area to offer new luxury garden apartments,” Todd Fabbri, executive vice president for Richman, tells GlobeSt.com. The 240-unit multifamily community has eight three-story garden style buildings and a resort pool. Completion is scheduled for Summer of 2016.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
