Coral Gables
Neology Obtains Refi on Allapattah Apartments
Neology Development Group (NDG) closed on a $84.5 million loan from Apollo for The Julia Residences, located in Miami’s Allapattah neighborhood.… Read more
CMC Upgrades 4000 Ponce Office, Retail Center
CMC Group has completed $5 million in renovations at 4000 Ponce, a nine-story Class A mixed-use office and retail development in the… Read more
50-Story Apartment Venture Planned for Miami Arts District
Optimum Property Management hopes to get permits to build a 50-story residential tower at 1315 N.E. Miami Court in Miami’s… Read more
Abacus Converting Palm Beach Gardens Offices to Apartments
Abacus Capital Group paid $32.5 million for a pair of Palm Beach Gardens office buildings with plans to build an… Read more
Miami Developer Duo Eyeing Bank Branch Property for Condos
S. Florida developers hope to raze a former Truist Bank at 2501 Galiano Street in Coral Gables and build a… Read more
MG Developer Picks Up Site for North Bay Village Venture
MG Developer acquired two waterfront parcels totaling 42,750 square feet in North Bay Village to launch a new mixed-use development.… Read more
13th Floor Frontrunner for $309M Miami Redevelopment Project
South Miami leaders are expected to select 13th Floor Investments as the winning bidder on a $309 million redevelopment plan. Following… Read more
Renowned Resort to Reopen After $1B Overhaul
Closed since 2019, Pier Sixty-Six Resort will reopen in mid-November. Set on 32 acres along Fort Lauderdale’s Intracoastal Waterway, Pier… Read more
Miami Office Building Sells at 20% Loss
Fifteen Group sold the 51,806-square-foot office building at 801 W. 41st Street/Arthur Godfrey Road to Igal Haimov for $17.5 million,… Read more
Macy’s Pinecrest Showroom Acquired by University of Miami
The University of Miami purchased the Macy’s furniture and mattress store in Pinecrest for $40 million. The expectation is the private university… Read more
CMC Lands $69.9M Refi for Coral Gables Development
CMC Group has secured a $69.9 million loan from City National Bank of Florida (CNB) for the refinancing of 4000… Read more
ROVR Raises $66M for 2-Phase Miami Apartment Complex
ROVR Development has raised $66 million to build a rental complex along the Miami River. ROVR plans to build the project… Read more
Steward Health Care Declares Bankruptcy, to Sell 8 Florida Hospitals
Steward Health Care System LLC has filed for Chapter 11 bankruptcy protection and will sell off its Florida hospitals. Steward… Read more
Hotel/Apartment Combo Project Eyed by Miami Developer
A Miami city planning board will vote later this month on plans for a proposed 28-story mixed-use tower in… Read more
Developers Snag $59M Construction Loan for Coral Gables Apartments
A developer is tearing down some old apartments, to build some new ones. A development group led by Erwin and… Read more
PGA Station Redevelopment Given Green Light
Catalfumo and Richman Group plan to knock down two Palm Beach Gardens office buildings and replace them with two apartment… Read more
$21.5M Loan for Tacoma Apartments Secured by Berkadia
Berkadia has secured financing for the acquisition of The Duo Apartments, a new 104-unit multifamily community located in University Place,… Read more
Miami Apartment Developer Taps Goldman Sachs for $115M Construction Loan
When traditional lending options dry up, it’s good to have contacts with one of the world’s biggest investment banking firms.… Read more