Florida
LNR Engages Transwestern for Jacksonville BB&T Tower Assignment
Special servicer LNR Partners retained Transwestern to provide investment sales services for BB&T Tower, a 285,487-square-foot, Class A landmark office… Read more
2018 NMHC 50 Rankings Reveal Sector Strength, Continued Apartment Growth
The 2018 NMHC 50 rankings are out, and it reveals the apartment sector continued its strong economic run last year.… Read more
Miami Developer Prepares for Flying Cars
In 2017, Uber and NASA agreed to a partnership to develop Uber Elevate, a fleet of flying taxis. Now, real… Read more
Walmart to Texas: We’re Spending $277 Million
Walmart Stores Inc. announced it would be spending $277 million in Texas during 2018, with plans to remodel more than… Read more
Monmouth Snags Medical Device BTS Facility in Daytona
Freehold, NJ-based Monmouth Real Estate Investment Corporation acquired a new 399,440-square foot industrial building in Daytona Beach, FL for $31 million.… Read more
LNR Property, Canyon Partners Vets Create New REIT
Commercial real estate finance industry veterans Justin Kennedy, Toby Cobb and Jonathan Roth launched 3650 REIT. The national commercial real estate lending, investment and… Read more
JLL Expands Capital Markets Platform in SoCal
JLL Capital Markets expanded its SoCal team with the addition of commercial real estate industry veteran Derek Landry. He joins the… Read more
How Millennials Drive Tomorrow’s Real Estate Trends
As Millennials in the U.S. settle into their 20s and 30s, affordable mid-sized tech hub cities, select city-center neighborhoods and… Read more
NBCUniversal Opens $250M Telemundo Center in Miami
NBCUniversal Telemundo Enterprises cut the ribbon on Telemundo Center, a new $250-million global headquarters in Miami. The innovative 500,000-square-foot, next-generation, multimedia production… Read more
$4.9B LAX People Mover Contract Approved
LAX Integrated Express Solutions (LINXS) was awarded a $4.9-billion, 30-year contract to design, construct and operate the planned people mover… Read more
Gramercy Completes $537M Portfolio Transaction
New York-based Gramercy Property Trust completed the acquisition of four of the assets identified in the initial portfolio transaction for… Read more
Best Cities for Female Entrepreneurs
America is a nation comprised of more than 11.6 million female-owned businesses. It’s also a country where the gender wage… Read more
Mortgage Rates Drive Declines in Freddie Mac’s MF Investment Market Index
Significant increases in mortgage rates drove declines in the Freddie Mac Multifamily Apartment Investment Market Index (AIMI) across most U.S. markets for the… Read more
Dallas Investor Picks Up Ritz-Carlton Sarasota for $171M
Dallas-based Ashford Hospitality Prime, Inc. completed the acquisition of the 266-room Ritz-Carlton Sarasota in Sarasota, FL for $171 million, or $643,000 per key. The… Read more
CBRE Brokers Deal for Peter Lik’s First Chicago Gallery
CBRE’s Chicago office represented landlord GLL Real Estate Partners in what will be the first retail location in the city… Read more
KKR Mortgage REIT Finances West Side Multifamily
KKR Real Estate Finance Trust (KREF) capped an active March with an $86-million senior loan on a 186-unit New York… Read more
Rodeo Drive Property Sells Twice in 24 Hours, Purchase Price Doubles to $110M
Palm Beach, FL-based Sterling Organization closed the $110-million sale of a 7,634-square-foot parcel at 456 N. Rodeo Drive in Beverly Hills, CA. The… Read more
Miami Tower Adds Two New Tenants
Two leases have been signed at Miami Tower, a 47-story, landmark office skyscraper at 100 SE Second St. in downtown… Read more
Miami Restaurateur Chooses Flatbush for First NYC Outpost
Foozo Artisan Pizza, which shares the same operator as Miami’s renowned Fuego by Mana Steakhous, will bring its fast casual… Read more