Florida
Envy Development to Convert 214 Pompano Beach Apartments to Condos
Forman Capital provided a $55.22 million bridge loan to Invesca Development and the Gold Coast Florida Regional Center to convert… Read more
CRC Sells Ridge Plaza in Florida for $22M
Continental Realty Corporation, on behalf of Continental Realty Fund IV, L.P., has completed the sale of Ridge Plaza, a nearly… Read more
552-Unit Rental Community, Retail Project Okayed by Doral
MG Developer received approval from the City of Doral for Doral Parc: Midtown Doral Phase IV, V & VI, a mixed-use… Read more
140K-SF Davie Retail Center Flips for $22.2M
Continental Realty Corporation (CRC), on behalf of Continental Realty Fund IV, L.P., has completed the sale of Ridge Plaza, a… Read more
JV Locks in $40M Construction Loan for Tampa Apartments
Legacy Partners (Legacy) and joint venture partner Bridge Investment Group (Bridge) started construction on Legacy Heights, a 240-residence apartment community coming to… Read more
Naples Condo Developers Obtain $234M Construction Loan
The Ronto Group and Wheelock Street Capital obtained a $234 million construction loan for Rosewood Residences Naples, a 42-unit waterfront… Read more
High-End Phoenix Apartments Sell for $152M
Morgan Group sold the Pearl Biltmore luxury apartment community in Phoenix for $152 million. The property at 24th and Highland… Read more
Investor Duo Lands $96M Refi on S. Florida Office Tower
A joint venture including Vanderbilt Office Properties and Trinity Capital Advisors procured a $96 million refinancing on the Northbridge Centre,… Read more
Mixed-Use Hallandale Developer Obtains $85M Refi
The developer of the Oasis Hallandale mixed-use project, Giuseppe Iadisernia, has successfully secured an $85 million construction loan for the… Read more
Cardone Closes on 2 S. Florida Rental Assets, One on Way
Real estate investor and promoter Grant Cardone has purchased two Miami-area multifamily properties: the Manor at Flagler Village in Fort… Read more
Jacksonville-Area Beach Club on Auction Block
Serenata Beach Club has been struggling to make payments to lenders lately, and a judge is forcing the property into… Read more
CTO Picks Up Discounted Charlotte Retail Center
CTO Realty Growth Inc. acquired three open-air shopping centers last week for $137 million. Two were in Florida and one… Read more
Biscayne Shores Possible Site for 561 Apartments
Ben-Josef Group Holdings plans to build an apartment and commercial building in the Biscayne Shores neighborhood of Miami-Dade County. The… Read more
JV Procures $73.3M Construction Loan for FSU Student Housing
Portman, 908 Group, Canyon Partners Real Estate and PTM Partners have partnered up to develop a student housing project (“The… Read more
The Cool Truth about Cold Storage
Once upon a time, families would dine on from-scratch meals, with products to make those meals coming from the local… Read more
Galveston Port Starts Work on 4th Cruise Terminal
Galveston Wharves and Switzerland-based MSC Cruises, the world’s third-largest cruise line, started work on the Port of Galveston’s fourth cruise… Read more
Texas People & Company News, August 23rd, 2024
We’re adding executive-level openings to our Friday Texas Weekly People & Company News. Please send entries for consideration to [email protected]. Read more
Space Coast Hotel Completes $10M Facelift
Driftwood Hospitality Management (DHM) has completed its $10 million renovation of the Hilton Cocoa Beach Oceanfront, a 295-key property on Florida’s… Read more