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

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. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3c1198166ef41094