Florida
Distressed River North Hotel Sold to Investor
A distressed Holiday Inn Express was purchased by a Florida real estate investor in River North for 55% less than… Read more
Chicago/Midwest People & Company News, week of May 27, 2024
Intersect Illinois made two new appointments to its board of directors: Brad Henderson, CEO of P33 and Jack Lavin, CEO… Read more
Managing Climate-Change Insurance Costs
It’s not exactly news that the United States (or the world) has been in the grip of climate-change-driven weather hazards.… Read more
It’s Hurricane Season: Time to Prepare
The National Oceanic and Atmospheric Administration’s (NOAA) Climate Prediction Center released its 2024 Atlantic hurricane season forecast – and the… Read more
The Ongoing Evolution of American Cities
Consider Manhattan. Once a quaint Dutch village, the city today boasts mile after mile of high-rise buildings, crowded streets and… Read more
JV Secures $84M Construction Loan for Ft. Lauderdale Apartments
Centennial Bank has provided a $84.4 million loan to facilitate the construction of a mixed-use, affordable housing development—The Arcadian—in Fort… Read more
Highgate Obtains $126.8M for 3-Hotel Refi
Driftwood Capital (“Driftwood”) provided $34.8 million in mezzanine financing for the refinancing of Miami Airport Marriott Connection, a Marriott-branded complex with… Read more
Man-Made Surf Resort Breaks Ground in Palm Desert
Construction has begun on DSRT Surf Resort, 17-acre property in Palm Desert that reportedly will be California’s first facility to… Read more
First Buc-ee’s to Be Replaced by Newer, Bigger Store
The new Buc-ee’s Luling will be the largest Buc-ee’s location in the country, bringing the largest Buc-ee’s back where the… Read more
Erickson Proposing 1,262 Boynton Beach Sr. Housing Units
Erickson Senior Living acquired a development site in the Agricultural Reserve west of Boynton Beach for $53.5 million. Erickson started the… Read more
Constellation Planning Nearly 1M-SF Orlando Business Park
Constellation Real Estate Partners bought land for a new industrial park at Air Commerce Parkway in February for $33 million.… Read more
It’s Time to Submit Nominations for 2024 Top Mortgage Brokers & Lenders
Connect Commercial Real Estate’s fourth annual Top Mortgage Brokers & Lenders awards program has seen a strong industry response to… Read more
New Orleans Dual-Branded Hotel Flips for $73M
The 410-room, dual-branded Courtyard New Orleans Warehouse Arts District and SpringHill Suites New Orleans Warehouse Arts District, located near the… Read more
Eyecatching 22-Story Ft. Lauderdale Condo Awaits OK
Moore Development Group is seeking the approval of a local planning agency to proceed with The Amalfi, a 22-story condominium… Read more
Jax Greenlights $215.1M Four Seasons
The City of Jacksonville has approved a building permit for a $215.1 million Four Seasons Hotel & Residences on the… Read more
Mid-America Real Estate Arranges Sale of Livonia Marketplace
Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Livonia Marketplace in Livonia, Michigan. The 52,730-square-foot retail… Read more
S. Florida JV Adding Apartments to Retail Center
A joint venture between BH Group, PEBB Enterprises and Related Group is set to begin the mixed-use redevelopment of The… Read more
Publix Buys Out Coral Springs Lessor
Publix Super Markets paid $58.5 million for the Ramblewood Square Shopping Center in Coral Springs. Publix, the center’s anchor tenant,… Read more
Migration Trends: Where Are the Hot Spots?
Though populations aren’t necessarily fleeing people-packed, highly dense areas in the droves they did during the height of the pandemic,… Read more