Florida
Berkadia Arranges $14.3M Sale of Coral Gables Development Site
Berkadia has arranged the $14.3 million sale of 1715 Douglas, an 0.87-acre development site in Downtown Coral Gables. Senior Managing… Read more
Cushman & Wakefield Awarded Distribution Center Assignment
Cushman & Wakefield has been awarded the 224,560-square-foot leasing assignment for the South Florida Distribution Center Building A at 20311… Read more
Morgan Properties Relocates Corporate Office
Morgan Properties is moving its local corporate office to a larger, modern space in Victor, New York. The new office… Read more
NAI Hallmark Brokers $7.5M Sale of Jacksonville Multifamily
NAI Hallmark has announced the sale of The Park at River City for $7.5 million. The 104-unit multifamily property is… Read more
Ft. Myers BTR Development Gets $59M Construction Loan
Centennial Bank has provided a $58.8 million construction loan to Prime Hospitality Group for the development of Woodlands at Portofino… Read more
LCOR Reveals Proposed Edgewater Apartment Tower Plans
LCOR has revealed the first details of its newest full-service rental development at 1775 Biscayne in Edgewater. The development will… Read more
Related Group Obtains $159M in Construction Financing for Pompano Beach Condos
The Related Group has secured $158.9 million construction construction loan for Casamar, a Pompano Beach oceanfront condo community. Financing for… Read more
CMBS Distress Rate Rises for Top 20 SMSAs
The distress rate for CMBS loans across the 20 largest markets in August was 7.2%, slightly above the national CMBS… Read more
DFW Peppa Pig Construction Underway
Construction on the Peppa Pig Theme Park has been underway since June at 8851 26 Blvd. Grapevine Hwy. in North… Read more
Standard Communities Expands Office Nationwide
National affordable housing developer Standard Communities has extended its principal offices in New York, Los Angeles, and Washington, D.C., while… Read more
Storms Make it Harder, More Expensive to Insure FL Multifamily
Owners of multifamily properties in Florida already dealing with increased insurance premiums can count on paying even more after Category… Read more
Marcus & Millichap Facilitates $4.2M Multifamily Sale
Marcus & Millichap facilitated the $4.15 million sale of River Del Mar, a three-story, 24-unit apartment building in North Miami… Read more
Dalfen Uses $52.9M Acquisition Loan to Buy Sparks Industrial Asset
Meridian Capital Group arranged $52.9 million in financing for the acquisition of a class-A industrial building in Sparks, NV. The loan… Read more
Natural Disasters: Costlier Than You Might Think
August was a busy month for natural disasters. A series of wildfires broke out in Hawaii in the early part… Read more
Newbond Acquires Aloft Tampa Downtown Hotel
Newbond Holdings has acquired the Aloft Tampa Downtown Hotel, marking Newbond’s third hotel investment on the Downtown Tampa riverfront in… Read more
JLL Fully Leases FirstGate Logistics Center
JLL has fully leased newly constructed Class A FirstGate Logistics Center on behalf of First Industrial Realty Trust, Inc. The… Read more
Laramar Group Buys Multi-Tenant Tampa Medical Building
Medical office properties continue to attract investors due to the long-term demand drivers shaping the healthcare industry. According to Berkadia’s… Read more
Cushman & Wakefield Arranges Sale of Delray Beach Mixed Use
Cushman & Wakefield has arranged the $3.875 million sale of a 12,940-square-foot mixed-use property at 258 SE 6th Ave. in… Read more