Florida
Coral Springs Hospital Pays $11M for MOB
North Broward Hospital paid $11,000,000 for a 37,000-square-foot medical office property, across the street from the hospital. The seller was… Read more
Clarion Picks Up Tampa Airport Logistics Center
New York-based Clarion Partners has acquired the newly constructed TIA Logistics Center for $48.95 million from a partnership made up… Read more
Blackstone Taking Apartment Income REIT Private for $10B
Blackstone and Apartment Income REIT Corp. (AIR Communities) said Monday that Blackstone Real Estate Partners X will acquire all outstanding… Read more
Astor Picks Little Havana for Apartments
Astor Cos. purchased a multifamily development site in the Little Havana neighborhood of Miami for $10 million. Sunny Management sold… Read more
Starwood, Mast Building Miami Beach Condos
Starwood Capital Group and Mast Capital broke ground on The Perigon, a 17-story residential property at 5333 Collins Avenue, on… Read more
Värde Partners, David Weekley Homes Form Land Banking JV
Värde Partners, a Minneapolis-based global alternative investment firm specializing in credit and credit-related assets, and David Weekley Homes, one of… Read more
Gen Z Will Spend $145,000 on Rent by Age 30
The upper edge of the Gen Z age cohort (those born between 1997 and 2012) has entered adulthood and the… Read more
Miramar Scores Affordable Sr. Housing Development
Pinnacle has started work on its affordable housing development, Pinnacle at La Cabaña, in Miramar. The $41.2 million development will provide affordable… Read more
Orlando Magic’s $500M Proposal Set for Vote
The Orlando Magic NBA basketball team hopes to do what most sports franchises are trying to do; build sports and… Read more
Smith & Henzy Buy Boynton Beach Senior Housing
Smith & Henzy Affordable Group acquired a Boynton Beach senior housing community for $53 million. An affiliate of Related Group… Read more
We’re Looking for More of 2024’s Rising CRE Stars
Response to our call for nominations in Connect CRE’s eighth annual Next Generation Awards has been positive. However, we look… Read more
Riviera Beach Looking to “Reimagine” Town Parcel
CBRE has been hired by the City of Riviera Beach to help with the redevelopment of three sites totaling 80… Read more
Brickell Hotel Changes Hands
The W Hotel Miami on Brickell Avenue has a new owner. The S. Florida Business News reports the BH Group… Read more
Related, GTIS Obtain $328M Brickell Construction Loan
Related Group and GTIS Partners have secured a $328 million construction loan to finance the development of Baccarat Residences Miami,… Read more
RangeWater Pays $62.8M Cash for Gwinnett County Property
RangeWater goes against the flow. Instead of taking out acquisition loans to acquire properties, it buys them with cash. Its… Read more
Florida Investor Buys Distressed Schaumburg Towers
A Florida-based investor has purchased the distressed Schaumburg Towers office complex after an auction for the property failed to attract… Read more
Faropoint Secures $90M for 10-Asset Portfolio in Northern NJ
Faropoint, a data-driven real estate investment firm focusing on last-mile industrial properties, has secured a $90 million loan from New… Read more
Struggling Charlotte Office Tower on the Market
The Charlotte Plaza, built in 1982, was a going concern until the credit crunch hit. And now, it’s up for… Read more
KORE Obtains Refi for Pensacola Apartments
Kore completed the Palmilla Apartments in Pensacola last year, and has obtained a $49.5 million Fannie Mae Loan. Walker &… Read more