Fort Lauderdale
Q4 Retail Report: Ongoing Consumer Spending Drives Metrics
According to the U.S. Census Bureau, its just-released (preliminary) Advance Monthly Sales for Retail and Food Services totaled $700.3 billion… Read more
Newgard Building Fort Lauderdale Condos/Rentals
Newgard Development Group plans to develop Natiivo Fort Lauderdale, a 40-story, 384-unit resort condominium project in downtown Fort Lauderdale. Natiivo Fort… Read more
Inducements Spur Ft. Lauderdale Apartment Development
Affiliated Development rounded up an incentive deal from the City of Fort Lauderdale and is now seeking up to $5.5… Read more
Aloft Debuts at Ft. Lauderdale Airport
One of Marriott’s more contemporary brands is open for travelers at Fort Lauderdale Airport. Aloft by Marriott offers 138 guest… Read more
SeaWorld Moves Fast on Second Onsite Hotel
Just over a month ago SeaWorld in Orlando announced plans for a 504-room hotel within the park boundaries. Another is… Read more
Broward Co. Acquires Healthcare Facility
Broward County has been looking far and wide for a building to redevelop its Forensic Science Center. It appears they’ve… Read more
S. Florida Retail Center Owner Secures $17M Refi
The longtime owner of a Fort Lauderdale retail center has secured refinancing for the Galt Ocean Marketplace. The financing amount… Read more
U.S. Office Vacancies Reach Record High
An average of 19.6% of office space in major U.S. cities wasn’t leased as of fourth-quarter 2023, reported the Wall… Read more
Longpoint Spends $262M on S. Florida Industrial Assets
Real estate investment firm Longpoint has acquired a 25-building industrial portfolio in South Florida for $262 million. The 1.4 million-square-foot portfolio in… Read more
Hines Secures $220M Construction Loan for Ft. Lauderdale Development
Hines and local partner Urban Street Development have secured a $220 million loan from Bank OZK for the construction of… Read more
Berkadia Aids in Selling, Financing S. Florida Beach Apartments
Berkadia oversaw the sale and financing of San Marco 1, a 156-unit vintage, garden-style apartment in Deerfield Beach, Florida. A… Read more
S. Florida Retail Center Owner Takes Big Hit
RK Centers paid $38.5 million for a 65,000-square-foot retail center at 1520 and 1550 N. Federal Highway in Fort Lauderdale.… Read more
AutoNation Tower Owners Secure Last Minute Refi Loan
Barclay’s and Argentic provided a $55 million loan to refinance the 204,337-square-foot AutoNation building at 200 S.W. First Ave. in… Read more
Fort Lauderdale Tire Store to Make Way for Rental Highrise
It’s now just a non-descript corner business. But in a few years, it could look like this. Bachow Ventures and… Read more
Mill Creek Building 13-Story Boca Raton Apartment Building
No stranger to South Florida, Mill Creek has filed plans for a 13-story apartment building in Boca Raton. They’ve built, or are… Read more
Aurora Holiday Inn & Express Suites Trades Hands for $11M
The sale of an 83-room Holiday Inn Express & Suites in Aurora, Illinois, was closed by Marcus & Millichap for… Read more
Ft. Lauderdale Airport Starts Work on $404M Addition
The Fort Lauderdale-Hollywood International Airport started work on a fifth airline terminal this week. The $404 million project will cover… Read more
Marriott Aloft to Open Near Ft. Lauderdale Airport/Cruise Terminals
Green Park Management will open a 138-room Aloft Hotel at 501 S.E. 24th St., about 3.5 miles away from Fort… Read more
Kushner Proposing 41-Story Fort Lauderdale Rental Units
The city’s Development Review Committee will consider the application for a pair of 41-story apartment towers in the Flagler Village… Read more