Miami
Analyzing the Office Sector’s Patchwork Metrics
There’s little doubt that the officer sector has been hit by the one-two punch since 2020. First, there was the… Read more
Hilco Real Estate Lists Fully Entitled Downtown Miami Development Site
Fully entitled mixed-use development sites along Biscayne Boulevard downtown Miami don’t come to market on a regular basis, but Hilco… Read more
Ritz-Carlton Key Biscayne Reveals $100M Makeover
25 years after opening its doors, The Ritz-Carlton Key Biscayne, Miami, is embarking on a transformational improvement plan totaling over… Read more
Black Lion Unloads Two Choice Restaurant Properties
Black Lion secured a $38.25 million all-cash deal for two of Miami’s restaurant spaces. The assets are located within SLS… Read more
Rockwood Capital Obtains $88M Refi on Edgewater Apartments
Rockwood Capital inked an $88 million refinancing for the 297-unit Modera Edgewater in Miami. The transaction refinances a maturing loan,… Read more
PMG Secures $413M for Brickell Condo, Rental Project
With a $413 million construction loan in hand, PMG is ready to proceed with a twin-tower condominium/apartment venture in the… Read more
Miami Mandarin Oriental Hotel Closing, Condo/Hotel on Way
The Miami Mandarin Oriental will close as a hotel only and reopen as a $1 billion, two-tower hotel/condominium combination. The… Read more
MMCC Arranges $10M for Wisconsin MF Property
Marcus & Millichap Capital Corporation has arranged $10.37 million for the refinancing of Urbane115 Apartments, a 46-unit multifamily property located… Read more
Miami Investor Closes on $27M Refi, 35-Story Tower on Way
Cymbal DLT closed on a $27 million refinancing loan for 3452-3470 North Miami Avenue, an existing 25,000-square-foot mixed-use retail and… Read more
Return to Lender: Week of April 24, 2025
Morningstar Credit this week reported that several properties have transferred to special servicing. They include the following: Read more
Downtown Hotels See Domestic Travel Rebound
Domestic tourism has rebounded strongly in recent years, and downtown districts in the nation’s major cities attract domestic travelers all… Read more
Dadeland Office Owners Ink $51.5M Refi
The Green Companies obtained a $51.5 million refinancing on Dadeland I and II, two Class A office buildings totaling 242,598… Read more
500-Unit Rental Property Under Review in N. Miami Beach
A North Miami Beach planning commission is reviewing plans for a six-building apartment complex that will feature 500 units and… Read more