Fort Lauderdale
Driftwood Capital Originates $44M Mezzanine Loan for Economy Hotel Portfolio
Coral Gables, FL-based Driftwood Capital has provided $44.5-million financing to an institutional owner of hospitality assets for acquisition of 26… Read more
Pulso Capital Group Buys $22M Pompano Beach BFR Community
Berkadia has arranged the sale and financing of Stellar at Palm Aire, a new build-for-rent community consisting of 39 townhomes… Read more
Hines Global Income Trust Acquires Coral Gables Multifamily for $430M
Hines Global Income Trust has acquired Gables Station, a 495-unit Time Life Living residence in Coral Gables, FL, for $430… Read more
OKO Group, Cain International Start $97M Residential Tower in Fort Lauderdale
OKO Group and Cain International have broken ground One River Fort Lauderdale, a 34-story tower in Fort Lauderdale, FL that… Read more
Andreesen Horowitz Bets $350 Million on WeWork Founder’s Venture
In its largest to-date investment, Silicon Valley venture capital firm Andreesen Horowitz announced a $350 million investment in Flow, a… Read more
Summerwind Properties Buys $10M Commercial Site in Davie in 1031 Exchange
Summerwind Properties, LLC, has acquired a 6.6-acre commercial site at 10450 W. State Road 84 in Davie, FL for $9.8… Read more
Forum Capital Arranges $66M for New-Build Multifamily in Fort Lauderdale
Forum Capital Advisors, LLC, has closed on approximately $66 million in senior and subordinated debt financing supporting the development of… Read more
Colliers, South Florida Adds Kevin Gonzalez and Jake Freeman to Office Services Team
Colliers, South FL has welcomed Kevin Gonzalez and Jake Freeman as senior managing director and director, respectively. The two will… Read more
Marcus & Millichap Promotes Ryan Nee to SVP and Southeast Division Manager
Marcus & Millichap has promoted Ryan Nee to SVP and division manager of the Southeast. Nee has been with the… Read more
AARE Sunbelt, Stellar to Start Environmentally Respectful Multifam in Dania Beach
AARE Sunbelt, an affiliate of Adam America Real Estate, and Stellar Communities have acquired 7.2 acres on 54 Court in… Read more
Redfin: Median Asking Apartment Rent Tops $2,000 For First Time Ever
The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over… Read more
Job Numbers Outpace Housing Permits
The National Association of Realtors and Realtor.com report an ongoing shortage of housing in the United States. A just-released report… Read more
$102M Construction Loan Kicks Off 29-Story Fort Lauderdale Residential Tower
Aztec Group has arranged $102 million in construction financing sourced from Square Mile Capital for RIVR Lofts in Ft. Lauderdale,… Read more
CBRE Appoints Susan Bands as Managing Director in South Florida
CBRE has named Susan Bands as managing director for the company’s advisory business in the South Florida region. Together with… Read more
The Yacht Portfolio Sails into 17K-SF Penthouse Lease in Fort Lauderdale
CBRE has arranged a new 16,690-square-foot office lease at 100 NE Third Avenue in Fort Lauderdale, FL on behalf of… Read more
Elion Acquisitions Snares a Pair of Fort Lauderdale Industrial Buildings for $15M
Colliers has closed the $14.9-million combined sale of two industrial buildings on 2nd Avenue in Fort Lauderdale, FL. The buildings… Read more
Triple-Net-Leased Industrial Outdoor Storage Trades for $7M
Stan Johnson Company has completed the sale of a core, infill industrial outdoor storage facility in West Palm Beach, FL… Read more
Native Realty Closes $11M Sale of Multifamily Site in Fort Lauderdale
Native Realty has brokered the $11 million sale of the future development site of Advantis Station at Flagler Village in… Read more
Starwood Partnership Divests 9,500-Unit MF Portfolio
Gaia Real Estate and Starwood Capital Group announced today that they have fully exited their PJ Portfolio investment. The portfolio… Read more