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The Estate Cos. is starting Soleste NoMi Beach less than a week after securing financing for a Miami River multifamily building and a month after topping off its Overtown tower.

It may take several quarters, and multiple phases of reopening, before firms can fully assess their space needs, Colliers says in a new report.

Rent collections in public housing are higher than in affordable housing, and both market segments are seeing strong occupancy.

The purchaser plans to construct a 270,000-square-foot commercial facility at the site in Long Island City.

Apartment rents in college areas are down .5% in August, the first decrease since 2017.

Since shelter-in-place ordinances began in February 2020, most condo markets have suffered a decline in transaction volume, and while median prices have remained close to pre-COVID levels, sales volume reductions indicate potential price declines.

The firm originally had a goal of achieving carbon neutrality by 2025, but was able to achieve its goal much sooner.

There continues to be a significant gap between buyers and sellers on pricing, but sellers are starting to face the music.