Florida
Boynton Beach Retail Center Trades for $16.3M
A 37,000-square-foot Boynton Beach retail center sold for $16.3 million. Janoura Realty was the seller, and Phillips Edison & Co.… Read more
Cold Storage Hot in Jacksonville
A $50 million cold-storage project in West Jacksonville will join Jacksonville’s refrigerated-freezer warehouse boom. Karis Cold and DSI South broke… Read more
Hallandale Beach Developer Closes on $112M Construction Loan
Developer Giuseppe Iadisernia closed on a $112 million construction loan for the development of Oasis East Tower, a 250-unit luxury… Read more
Work Begins on Miami Beach Grand Hyatt
Developers Terra and Turnberry have started work on the Grand Hyatt Miami Beach – an 800-room hotel connected to the… Read more
Pompano Beach Resort Seeking Offers
A popular beach resort in Pompano Beach has hit the market. Cushman & Wakefield has been retained on an exclusive… Read more
McCraney Lands Financing for 1M-SF Savannah Warehouse Project
McCraney Property Company obtained an $84 million loan for Phase I of Logistics 16 at Ottawa Farms, a 1,007,800-square-foot, Class… Read more
Wellington Investor Planning Hotel/Condo/Retail Project
Wellington Lifestyle Partners (WLP) wants to rezone a current office property to mixed-use to build an 80-room boutique hotel, 89… Read more
Gateway Jax Moving Ahead on Next Project
Gateway Jax will break ground on 425 Beaver Street, its second project in Pearl Square. The mixed-use building, previously known… Read more
$300M Refi to Fund Miami-Area Ritz-Carlton Renovation
A partnership led by Gencom closed on a $300 million debt facility to refinance existing debt and fund a large-scale renovation… Read more
Miami Investor Buys Bahamas Resort, Plans $827M Redevelopment
Miami-based Concord Wilshire Capital (CWC), a company specializing in residential, resort, and mixed-use real estate development and construction, acquired the… Read more
CRE Economist, Industry Leader KC Conway Passes Away, Age 62
Real estate economist and industry leader Kieran “KC” Conway passed away suddenly on April 28 in Lyndhurst, OH. He was 62.… Read more
73K-SF West Palm Beach Retail Center Acquired by Forge Capital
Collett Capital sold Paradise Place, a grocery-anchored neighborhood shopping center in West Palm Beach, Florida. The buyer was Forge Capital… Read more
Miami Office Sector Vacancy Rate Nation’s Lowest
Commercial Edge reports in its latest report on the national office sector that Miami recorded the lowest vacancy rate (15.5%)… Read more
Analyzing the Office Sector’s Patchwork Metrics
There’s little doubt that the officer sector has been hit by the one-two punch since 2020. First, there was the… Read more
Housing Trust Group Opens Doors to $100M Hollywood Mixed-Income Housing Venture
Housing Trust Group has opened University Station, a $100 million mixed-use community in downtown Hollywood, Florida. University Station introduces 216… Read more