Posted June 24th, 2022
AARE Sunbelt, an affiliate of Adam America Real Estate, a privately held real estate development and investment company with over 42 renovation and development projects launched since 2009, and Stellar Communities, a leading residential real estate development company in Florida with 3,000 homes delivered since 2009, today announced the acquisition of 7.2 acres of fully-entitled land at 4200 SW 54…
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Posted June 24th, 2022
Dania Beach-based Stellar Communities teamed with a New York developer to acquire a multifamily development site in Dania Beach, a short distance from the Seminole Hard Rock Hotel & Casino Hollywood. Stellar and AARE Sunbelt, an affiliate of Adam America Real Estate, purchased 7.2 acres at 4200 S.W. 54th Court from BEJL 4200 Real Estate…
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Posted March 2nd, 2022
Developer Stellar Communities wants to build a 204-unit multifamily project in Ojus, south of Aventura Mall and near a future Brightline station. Dania Beach-based Stellar, through an affiliate, proposes an up to 15-story building on 1.6 acres at 18801 West Dixie Highway. It would have 13,326 square feet of ground-floor commercial space, according to an…
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Posted January 24th, 2022
On Jan. 5, The Polk County Planning Commission approved three new projects that will generate 757 new residential units. View Article
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Posted March 8th, 2021
By Brian Bandell – Senior Reporter, South Florida Business Journal Stellar Communities purchased a development site in Florida City for $12 million and plans to move forward with a mixed-use project. The JBC Irrevocable Trust, with John L. Alger as trustee, sold 29.8 acres of farmland at the southwest corner of Southwest 328th Street and Southeast Sixth Avenue…
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Posted January 4th, 2021
Would you rather rent than own, but hate the idea of living right next to someone else? There's a new trend afoot: newly built, single-family houses that are for rent only. In the latest twist on the housing market, builders and analysts say the trend, prevalent in the western United States, is moving east, including into Florida. NexMetro Communities,…
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Posted October 7th, 2020
It’s the newest, hottest trend in residential development, so new that it does not yet have a standardized abbreviation, talked about by various players as BFR, B2R, or BTR. The dramatic emergence of “built-for-rent” single-family over the past eight years is supported by voracious demand, but the participants in this space will need to pick…
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Posted January 24th, 2020
By Brian Bandell – Senior Reporter, South Florida Business Journal A property east of the Golden Glades highway interchange in northern Miami-Dade County could be developed with 440 apartments. The Beacon Square Revocable Property Trust filed a pre-application with county officials for the vacant site of 8.2 acres at the northeast corner of Northwest 159th Street and…
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Posted January 7th, 2020
By Staff December 25, 2019 Delray Beach will soon welcome 40 new homes to the city. A 6.6-acre piece of property located on the east side of Barwick Road has been annexed into the city limits from Palm Beach County. The developer Stellar Communities has plans to build 40 single-family homes in the community…
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Posted July 31st, 2019
By Brian Bandell – Senior Reporter, South Florida Business Journal July 30, 2019, 7:14pm The developer of an apartment project in Dania Beach secured a $42.42million construction loan to kickstart work. Orix RE Holdings provided the mortgage to Stirling Alya LLC, an affiliate of Fort Lauderdale-based Stellar Communities, led by Larry Baum. It covers the 8.3-acre site…
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