Florida
Casselberry Chelminsky-Owned Office Property Hits the Market
The Casselberry Corporate Center is up for sale. The asking price on the 83,520-square-foot office building is $13.95 million. The… Read more
Waldorf Astoria in DC Files for Foreclosure
The lender of the $250 million-plus note secured by the leasehold on the Waldorf Astoria Washington D.C. has filed a… Read more
Ft. Lauderdale Reviewing 19-Story Residential Building
Claridge Homes hopes to build a 19-story condo project on the Intracoastal Waterway in Fort Lauderdale. The city’s Development Review… Read more
Blutrich Eyeing 60-Story Miami Condo Project
Blutrich Holdings has submitted plans for a new development, Clear Residences, in Downtown Miami. This proposed 60-story mixed-use tower at… Read more
Eastgroup Pays $54M for Durham Warehouse
Publicly traded Eastgroup Properties (NYSE: TPX) announced it purchased a 275,000-square-foot newly constructed industrial property just outside Raleigh for approximately… Read more
Retailing Veteran Greg Sullivan Joins BH Properties as Managing Director
Los Angeles-based BH Properties has named retail expert Greg Sullivan managing director of the company’s Retail Properties Division. Sullivan comes to BH Properties from Brookfield Properties, where he… Read more
Texas CRE Foreclosures On Rise
According to the latest findings from Attom Data Solutions, commercial foreclosures across the state jumped by 129 percent year… Read more
ROVR Raises $66M for 2-Phase Miami Apartment Complex
ROVR Development has raised $66 million to build a rental complex along the Miami River. ROVR plans to build the project… Read more
Investor Duo Obtains $735M Refi for 3 Disney World-Area Hotels
JLL’s Hotels & Hospitality group arranged a new $735 million, five-year, floating-rate SASB CMBS term loan to refinance The Walt… Read more
Miami Airport Okays Sleeping Centers
Many of us have experienced long delays at airports. Our top option is to get some rest on the less-than-comfortable… Read more
Duo Procures $38M Construction Loan for Bradenton Rehab Center
CROSS Development and Kennor Holdings obtained a $38 million construction loan along with PACE financing for a rehabilitation hospital in… Read more
RentCafe Says Adaptive Reuse on the Rise, YoY Growth is 17%
A recent article from RentCafe reported that adaptive reuse projects gained steam in 2023. Specifically, 17.6% more apartments were converted… Read more
Steward Health Care Declares Bankruptcy, to Sell 8 Florida Hospitals
Steward Health Care System LLC has filed for Chapter 11 bankruptcy protection and will sell off its Florida hospitals. Steward… Read more
Totah Group Handles Repeat Sale of San Diego Creative Office
Marcus & Millichap arranged the sale of North Park Creative Office, a 3,818-square-foot office property located at 4060 30th St.… Read more
Machesney Park Walgreens Changes Hands in 1031 Deal
Marcus & Millichap closed the sale of a 14,490-square-foot net-leased Walgreens property located in Machesney Park, IL. The sale price was $4.2 million.… Read more
USF Seeking Options for its Shuttered Golf Course
The Claw was becoming a drag on The University of South Florida. The school’s own golf course was costing the… Read more
Hialeah Rental Property Hits Market for $151M
Walker & Dunlop Investment Sales (WDIS) has listed for sale Elan Solea, a luxury garden community in the suburbs of Miami. Still… Read more
Newmark Scores Master Broker Assignment with Pinstripes
Northbrook, IL-based Pinstripes Holdings, Inc., a dining and entertainment brand combining bistro, bowling, bocce and private event space, has signed… Read more