Florida
ZOM Living, Moinian Plan 43-Story Miami Worldcenter Resi Tower
Orlando-based ZOM Living and New York-based The Moinian Group are set to break ground on Luma at Miami Worldcenter, a… Read more
Avanath, UBS Recapitalize $248M Affordable Housing Portfolio
Irvine, CA-based Avanath Capital Management, LLC completed a strategic recapitalization of a portfolio of affordable multifamily assets formerly held by… Read more
CEVA Logistics Renews 365K-SF Deal in Miami
Transwestern Commercial Services (TCS) negotiated a 364,608-square-foot, long-term lease renewal with CEVA Logistics in Miami. The industrial property at 5601… Read more
Hilfiger’s Fifth Ave. Flagship Will Go Dark
Another Fifth Avenue retail flagship will go dark, as Tommy Hilfiger announced it would shutter the 22,000-square-foot 681 Fifth Ave.… Read more
Lightstone Books $155M Refi for Moxy Chelsea
Lightstone has closed on $155 million in financing from LoanCore Capital and KSL Capital Partners for Moxy Chelsea, a 349-key Marriott… Read more
Cousins, TIER REIT Combine in $7.8B Deal, Create 21M-SF Sun Belt Portfolio
Atlanta-based Cousins Properties is merging with Dallas-based TIER REIT, Inc. in a 100% stock-for-stock transaction. The deal will create a… Read more
Fast-Casual Restaurant Signs 23-Store Franchise for LI
Fast-casual restaurant concept I Heart Mac & Cheese has signed a 23-store development agreement with Manor 3 covering Long Island.… Read more
Key West MXU Marina Snagged for $40M
Key West Harbour, a 13.1-acre mixed-use, luxury wet / dry slip marina facility in Key West, FL, has been sold… Read more
Multifamily Numbers and Opportunity Zones
A great deal has been written about the Opportunity Zone program. Passed in December 2017 as part of the Tax… Read more
American Landmark Makes First 2019 Houston Buy
American Landmark struck a deal to acquire Haven at Lakes of 610, a 282-unit, Class A apartment complex on Houston’s… Read more
High Home Prices Drive Renter Demand in Dallas, Houston
Dallas and Houston topped the list of residential real estate markets exhibiting downward pressure on homeownership demand, according to the… Read more
Lincoln Harris Unveils Bold Vision for Trendsetting Charlotte MXU
Lincoln Harris plans a major renovation for Phillips Place, a ground-breaking SouthPark mixed-use development that changed the Charlotte, NC retail… Read more
CBRE’s Kevin Aussef Previews Connect LA
By Dennis Kaiser Kevin Aussef, Chief Operating Officer of CBRE Capital Markets’ line of business in the Americas, shares insights… Read more
Five Point Holdings Divests 41 Acres in Irvine for $218M
Five Point Holdings, LLC reported the sale of 41 acres at the Great Park in Irvine for roughly $218 million.… Read more
SIOR’s 2018 Top Transaction Award Winners Announced
The Society of Industrial and Office Realtors (SIOR) announced its Top Transactions Award Winners of 2018. This year, 533 SIOR… Read more
TruAmerica Increases MF Footprint in Two Key U.S. Markets
Los Angeles-based TruAmerica Multifamily acquired in separate transactions, Loretto Heights, a 312-unit apartment community in Denver for $72.25 million; and… Read more
FIS Subleases from Macmillan at 1 New York Plaza
Fidelity Information Services has signed a lease for approximately 35,000 square feet of office space at Brookfield Properties’ 1 New York Plaza… Read more
Hunt Delivers $52M Refi for Miami Manufactured Housing Property
Hunt Real Estate Capital provided a Fannie Mae DUS loan in the amount of $52 million to refinance Li’l Abner,… Read more
JLL Adds Pair of Leading National Seniors Housing Investment Sales Pros
Chicago-based JLL expanded its seniors housing team with the addition of a pair of investment sales professionals. Mike Garbers, based… Read more