Miami

Madison Realty Capital provided the financing and Berkadia arranged the deal.

Six towers, 3,200 units slated for Miami's West Little River area.

Robust consumer spending, low availability expected to continue.

Most cities are trading at a discount now or at premiums of less than 1%.

Fashion brand's first residential project will allow short-term rentals.

Building code strictness and insurance premiums rank among highest in the country.

The typical home in South Florida now 34.7% overvalued compared to its long-term pricing trend.

The 41-story building, featuring a mix of apartments, office and retail space, is located int the rapidly maturing Edgewater neighborhood.