Miami

OKO Group and Cain International are partnering to develop 830 Brickell, which is slated to deliver in 2022.

Nearly 1.5 million square feet of retail space will deliver in the market this year, the highest level since 2017.

The tenant mix includes 12 restaurants and several service-oriented companies that cater to the local community.

The portfolio consists of 30 multifamily properties throughout South Beach and Bay Harbor.

The acquisition complements other strategic acquisitions of clinic operators presently being pursued by Myconic.

The 338-unit Soleste Twenty2 stabilized during the pandemic and is now 95% leased.

The construction financing will fund the firm's 217,123-square-foot, luxury senior living development, which will span three buildings and 201 units.

While the scarcity of land in cities will remain a challenge for homebuilders, the pandemic will most likely reshape the US residential market and could help solve America's housing crisis.