Miami
MMCC Arranges Refi for Waterloo Mixed-Use
Marcus & Millichap Capital Corporation (MMCC) arranged a $13,460,000 loan for the refinancing of Art Bloc, a newly built mixed-use… Read more
Avison Young Appoints Lisa Jesmer to Lead Investor Services Business Development
Avison Young has named Miami, FL-based Lisa Jesmer as principal and national director, investor services business development, US. Jesmer will… Read more
CP Group, DRA Advisory Buy the Democracy Center Office Complex in Bethesda
Boca Raton, FL-based CP Group has acquired Democracy Center — a three-building, 709,313-square-foot office campus in Bethesda, MA – in… Read more
Empira Group’s First Miami Buy Is an 85-Unit Residential Development Site
Zug, Switzerland-based Empira Group has closed on CoralGrove Brickell, a 0.53-acre, residential development site planned for 85 units located between… Read more
CARROLL CEO Runs $100K of Kicks to Boys & Girls Clubs of Miami-Dade
Atlanta, GA-based CARROLL’s founder and CEO Patrick Carroll has given away $100,000 worth of top-line sneakers to underserved children in… Read more
Neology Life Development Group Secures $58M Build Loan for Miami Residential Tower
Miami, FL-based Neology Life Development Group has secured $57.5 million in construction financing for Fourteen Residences Allapattah, a two tower,… Read more
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
WeWork Launches Global Partnerships to Bolster Return-to-Work Plans
WeWork has launched a global initiative comprised of 11 individual strategic partnerships, designed to foster a flexible return to work… Read more
Multifamily Rent Growth Stalls in August
Multifamily rents nationwide flattened in August 2022, according to a just-released report by Yardi Matrix. The average U.S. asking rent… Read more
Storylines to Build 574-Unit Sustainable, Floating Residential Community
Miami, FL-based Storylines residential ships and the Brodosplit shipyard in Split, Croatia, have signed a construction contract to build the… Read more
ZOM Living Completes Phase One of $400M MiLine Miami Development
ZOM Living — in a joint venture partnership with Mattoni Group, Scout Capital and AEW Capital Management — has completed… Read more
Instant Group Advises Ten Lifestyle on Flexible Workspace Strategy
Global workspace innovation firm The Instant Group advised travel and lifestyle concierge service Ten Lifestyle Group in its flexible workspace… Read more
Thor Equities Buys Out Partner, Hammers Out $45M Recap of Miami Design District Site
Thor Equities Group has bought out its existing partner, ASB Real Estate Investments, and secured a $45-million-valuation recapitalization of 70 NE… Read more
Cresa Names Tampa-Based Tim Rivers to Market Leader – Florida Position
Cresa has named Tim Rivers as market leader – Florida. He is based in Tampa and is tasked with developing… Read more
SCALE Lending Closes $195M Buy and Build Loan for Residential Towers in Miami
Slate Property Group affiliate SCALE Lending has closed on a $195-million loan for the acquisition and construction of Namdar Towers… 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
Apartment Construction Reaches 50-Year High
Despite ongoing economic headwinds and continuing supply chain disruptions, apartment construction is at a 50-year high, driving deliveries. A report… Read more
Report: Mortgage Fraud Risk Down, But Could Increase
CoreLogic’s Q2 2022 National Mortgage Application Fraud Risk Index was 121, representing a 13.5% quarterly decline and a year-over-year fall… Read more
CBRE, Miami Adds Randy Carballo to Office Tenant Rep Team
CBRE has welcomed Randy Carballo to firm’s Miami, FL office as a SVP. He will specialize in office tenant representation… Read more