Miami
Macy’s Announces Florida Store Closures
Last week, ConnectCRE reported on a Macy’s store in Tampa that was purchased and will be repurposed. Macy’s has since… Read more
Miami Marlins Adding Entertainment Venue to Stadium Complex
The Miami Marlins have joined a long list of professional sports teams that have or will develop mixed-use entertainment venues… Read more
Valoro Pays $22.7M for Miami Office Building
Valoro Capital acquired a 62,748-square-foot office at 1680 Meridian Ave. from Market Street Real Estate Partners for $22.7 million. Banesco… Read more
Fort Partners Inks $107.6M Loan for 9-Unit Miami Condo Project
Madison Realty Capital provided a $107.6 million loan to Fort Partners for the completion of Seaway North at The Surf… Read more
Neology Obtains $63.5M Loan for Miami Apartments
Neology has obtained financing for Fourteen Main Street Residences, a two-tower mixed-use development featuring 237 apartment units in Miami. Starwood… Read more
Terreno Acquires 495K-SF Doral Business Park
Terreno Realty purchased the three-building Doral Air Logistics Center property for $195.6 million. Foundry Commercial and GLP Capital Partners delivered the… Read more
Terra Scores $291M Refi on Centro City
Terra secured $291 million in permanent financing for the newly completed first phase of Centro City, a 38-acre mixed-use development… Read more
Miami Investors Spend $520M on Brickell Property
Oak Row Equities and Mariposa Real Estate have entered into an agreement to acquire Aimco’s 4.25-acre waterfront property in Brickell… Read more
Town Fair Tire Portfolio Trades for $89M
Marcus & Millichap, in association with Northeast Retail, closed the sale of 31 net lease properties anchored by Town Fair Tire on behalf… Read more
Kushner Pays $190M for Edgewater Apartments
Walker & Dunlop arranged the $190 million sale and $157 million financing of The Hamilton, a 276-unit bayfront high-rise in… Read more
Terra, One Thousand Group Ink $285M Miami Condo Financing
Terra and One Thousand Group have secured a $285 million construction loan to build Villa Miami in Miami’s East Edgewater neighborhood. The first-ever… Read more
Investor Team Lands Construction Loan for Bay Harbor Islands Office Project
Taubco and Landau Properties have joined forces and closed on a construction loan for One Kane Concourse, a 125,000 square foot office building… Read more
Office Foot Traffic Stumbles in November
Despite an increasing number of employees returning to the office, metrics continue to be roller-coaster rides. Placer.ai’s November 2024 Office… Read more
Lennar Files with SEC for $5B Land REIT Spin-Off
Lennar Corp. said Wednesday it filed a registration statement with the SEC to spin off its land holdings into a… Read more
Dallas Leads State in Rental Competitiveness
RentCafe.com has released a rental competitiveness report. Dallas leads Texas’ large rental markets in 2024 with a rental competitiveness score of 72.3 out of… Read more
Terra Lands $170M Construction Loan for Upland Park Project
Terra is preparing to break ground on Upland Park, a $1 billion mixed-use community that will transform West Miami-Dade County’s Dolphin… Read more
High Competition in the Rental Housing Market During 2024
Developers have been busy building apartment buildings this past year. According to RentCafe, more than half a million rental units… Read more
Two Austin Rental Assets Included in $525M Refi
Newmark Group completed a $525 million refinancing of six properties on behalf of ICONIQ Capital and Sentral. The financing was provided… Read more
1000 Group Spends $53M on Design District Lots
One Thousand Group acquired and financed a 1.6-acre site in East Edgewater for its newest venture, Tower 36. The transaction, financed… Read more