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Adam America and Stellar Communities Purchase 7.2 Acres for a 275 Unit Multifamily Development in Dania Beach, FL

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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Stellar Communities proposes 204-unit apartment project in Ojus Plan calls for 13K sf of ground-floor commercial space

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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Stellar Communities buys Florida City development site for $12M

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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Housing market trend heading to Florida: Single-family homes to rent, not buy

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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A Developing Business: Thinking About The Next Wave Of “Built-For-Rent” Housing

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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440 apartments proposed near highway interchange

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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New neighborhood Banyan Court to add 40 homes to Delray Beach

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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Apartment project with nearly 200 units breaks ground in Broward County

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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