Florida People & Companies, May 22, 2026

LQ Commercial promoted Kris Kral, to Market Leader. Kris, previously a Senior Associate, specializes in retail leasing and has represented a number of prominent national brands including Ross, Ollie’s Bargain Outlets, LA Fitness, Club Studio, Michael’s, TopGolf, throughout the Tampa Bay market. A pr

Alta Developers Lands $91.8M Construction Loan for Miami Apartments

Madison Realty Capital originated a $91.8 million construction loan to Alta Developers for the development of Alta Sunset, a 314-unit multifamily project located at 6075 Sunset Drive in South Miami, Florida. Upon completion, the property will rise ten-stories featuring 314 one- and two-bedroom homes

Mortgage rates climb to nine-month high

The 30-year fixed rate mortgage rate rose to 6.51% from 6.36% last week, while rates on 15-year loans moved to 5.85% from 5.71% last week.

Florida housing market at inflection point as summer approaches, economist says

Florida’s housing market is entering a period where the next several months could help determine whether conditions stabilize or soften later in 2026, according to Florida Realtors Chief Economist Dr. Brad O’Connor.