Miami
Fully-Leased Hialeah Industrial Building to Open Doors
Terreno Realty Corp. delivered a $43.8 million industrial building in Hialeah. The 186,000-square-foot facility, known as Countyline Park Phase IV… Read more
Morabito to Expand Wynwood Office Venture
Morabito Properties recently paid $14.6 million for a 14,000-square-foot building that the company will convert to nearly 50,000 square feet… Read more
The Ongoing Evolution of American Cities
Consider Manhattan. Once a quaint Dutch village, the city today boasts mile after mile of high-rise buildings, crowded streets and… Read more
Highgate Obtains $126.8M for 3-Hotel Refi
Driftwood Capital (“Driftwood”) provided $34.8 million in mezzanine financing for the refinancing of Miami Airport Marriott Connection, a Marriott-branded complex with… Read more
Site Centers Divests Interests in Six Retail Centers for $495M
SITE Centers Corp. will sell its interests in six open-air shopping centers, including three in Ohio, to an affiliate of… Read more
Co-Living Spaces Open in Wynwood
Related Group and W5 Group have officially kicked off leasing and move-ins for i5 Wynwood, a nine-story co-living community at 51… Read more
Waldorf Astoria in DC Files for Foreclosure
The lender of the $250 million-plus note secured by the leasehold on the Waldorf Astoria Washington D.C. has filed a… Read more
Blutrich Eyeing 60-Story Miami Condo Project
Blutrich Holdings has submitted plans for a new development, Clear Residences, in Downtown Miami. This proposed 60-story mixed-use tower at… Read more
Retailing Veteran Greg Sullivan Joins BH Properties as Managing Director
Los Angeles-based BH Properties has named retail expert Greg Sullivan managing director of the company’s Retail Properties Division. Sullivan comes to BH Properties from Brookfield Properties, where he… Read more
ROVR Raises $66M for 2-Phase Miami Apartment Complex
ROVR Development has raised $66 million to build a rental complex along the Miami River. ROVR plans to build the project… Read more
Miami Airport Okays Sleeping Centers
Many of us have experienced long delays at airports. Our top option is to get some rest on the less-than-comfortable… Read more
Steward Health Care Declares Bankruptcy, to Sell 8 Florida Hospitals
Steward Health Care System LLC has filed for Chapter 11 bankruptcy protection and will sell off its Florida hospitals. Steward… Read more
Hialeah Rental Property Hits Market for $151M
Walker & Dunlop Investment Sales (WDIS) has listed for sale Elan Solea, a luxury garden community in the suburbs of Miami. Still… Read more
Developer Duo Raises $141.5M for Wynwood Condo/Hotel Concept
Related Group (Related) and Tricap have closed on $141.5 million in financing for the NoMad Residences Wynwood. Related Fund Management, the… Read more
Ground Floor of Wynwood Apartments Sells for $22.5M
Property Markets Group (PMG) sold the ground-floor commercial space at the new Society Wynwood apartment complex in Miami for $22.5… Read more
Related Wraps Up 172-Unit Miami Mixed-Income Project
A Related Group affiliate and Miami-Dade’s public housing agency have delivered SoMi Parc, a 172-unit mixed-income housing community in South… Read more
Related Spins Off Fort Lauderdale’s W Hotel
Related Cos., led by billionaire Miami Dolphins owner Stephen M. Ross, sold the W Fort Lauderdale hotel for a reported… Read more
Placer.ai: Office/Home Hybrid Still a Work in Progress
Although the remote work war is far from over, a growing consensus seems to posit that though in-person work carries… Read more