Coconut Grove
13th Floor Obtains $134M Construction Loan for Douglas Final Phase
13th Floor Investments, in partnership with Barings, has secured a $134 million construction loan to finance the development of Crescendo, the fourth… Read more
El-Ad Pays $45.5M for Coconut Grove Property
El-Ad National Properties acquired the property located at 3265 Virginia St., Miami, Fla., for $45.5 million. The seller was an affiliate… Read more
BH Group, Mast Buy Out Coconut Grove Condo Owners, Redevelopment on Way
BH Group and Mast Capital bought out 39 condo owners in the Bayshore Park Condominiums at 2545 S. Bayshore Drive… Read more
Mayfair in the Grove Owner Inks $113.6M Refi
WMP I (Whalou Properties Management) has obtained a $113.6 million refinancing for Mayfair in the Grove, a recently renovated landmark… Read more
Torose-Led Team Offloads Coconut Grove Office/Retail Asset for $1,100/SF
A 55,000-square-foot Coconut Grove office and retail asset traded for $61 million. The price works out to $1,100 per square… Read more
Four Seasons Development Group Inks $323.8M Loan for Coconut Grove Residences
CMC Group and Fort Partners closed a $323.8 million construction loan from Bank OZK for the 70-unit Four Seasons Private Residences… Read more
Little Havana Apartments Trade for $68 million
The Astor Company sold Douglas Enclave, a 199-unit apartment complex in the Little Havana section of Miami for $68 million,… Read more
Allen Morris Lands $138.5M Loan for Coconut Grove Venture
Allen Morris Co. secured a $138.5 million construction loan from BDT & MSD Partners through its affiliated funds, and BHI,… Read more
Monument Capital Acquires 324-Unit Tallahassee Apartment Venture
Berkadia arranged financing for Grove Park, a 2021-built, 324-unit Class A apartment community in Tallahassee, Florida. David Etchison of Berkadia… Read more
Developer Duo Turning Key Biscayne Resort into Condos
Terra and Fortune International Group formed a partnership to acquire the former Silver Sands Beach Resort property in Key Biscayne, Florida, for… Read more
Miami Beach Awards Boucher Brothers Beach Front Operation
With a 4-3 vote, The Miami Beach City Commission narrowly approved a resolution that switched out concessionaires of a beachfront… Read more
Flexible Workspace Provider Continues South Florida Expansion
Industrious has announced its eighth location in South Florida, slated to open in early 2024. The property was developed in… Read more
Jonathan Rosen Joins JLL Retail Services Team as Senior Vice President
JLL announces the hiring of Jonathan Rosen as a Senior Vice President. He will represent institutional and local landlords to… Read more
A-Rod Corp’s Monument Capital Management Launches Workforce Housing Fund with $100M Target
Miami, FL-based Monument Capital Management, an A-Rod Corp (i.e., the former Yankee) company, has launched Monument Opportunity Fund V, its… Read more
CGI Merchant Group Refis Miami Office, Hotel with $102M from Madison Realty Capital
Madison Realty Capital has originated two refinancing loans totaling $101.9 million for CGI Merchant Group. Surya Capital Partners brokered the… Read more
3650 REIT Adds $575M in Commitments to Now $1.35B BED Platform
Miami-based 3650 REIT has closed $575 million in institutional capital commitments to its bridge- and event-driven investment vehicle. The commitments… Read more
Engel & Völkers Opens Coconut Grove Office
Real estate brokerage and service company Engel & Völkers has opened its eighth location in Southeast Florida with the opening… Read more
Housing Trust-Treger JV Breaks Ground on $71M Goodyear MF
Coconut Grove, FL-based Housing Trust Group (HTG) and Scottsdale-based Treger Partners secured financing and are set to commence construction on… Read more