Miami
More Homes at Potential Risk During 2022 Hurricane Season
When Hurricane Ida roared ashore in August 2021 as a Category 4 hurricane, the storm left behind property damage in… Read more
Ken Griffin Moving Citadel Headquarters to Miami
Ken Griffin, who heads Citadel, the Chicago-based hedge fund, told employees in a note Thursday he has moved his family… Read more
George Washington University Sells One Washington Circle Hotel
Electra America Hospitality Group, a JV between Electra America and AKA, has acquired the 152-room One Washington Circle Hotel from… Read more
Colliers Welcomes Maggie Guajardo Kurtz as Senior Managing Director
Colliers has hired Maggie Guajardo Kurtz as senior managing director based in South FL. Kurtz will focus on office services… Read more
Walker & Dunlop Structures $61M for Miami’s First 100% Restricted Skyrise
Walker & Dunlop, Inc., has structured $61 million in financing for UNI Tower in Miami, FL. According to the company,… Read more
Single-Family Rents Rise by Double Digits Year-Over-Year
Led by Miami, U.S. single-family rent growth continued its hot streak in April, with prices up by 14% year-over-year, the… Read more
JDS Development Group Secures $86M for 64-Story Mixed-Use in Miami
JDS Development Group has secured $86 million in acquisition and construction financing from Maxim Capital Group for 1 Southside Park,… Read more
Taking Off: The Live-Work-Play Concept
The idea of living in a rental unit that’s close to work and entertainment isn’t new—it’s been around for decades.… Read more
Trion Properties Acquires $87M Multifamily Community in Miami Springs
Trion Properties has acquired Art 88 Apartments, a 294-unit multifamily community in the Miami Springs/Doral submarket of Miami, FL for… Read more
Walker & Dunlop Arranges $162M for Completion of Mandarin Oriental Residences Fifth Ave.
Walker & Dunlop, Inc. has arranged $162.4 million in construction financing for Mandarin Oriental Residences, Fifth Avenue, New York City’s… Read more
$67M Construction Loan Launches AMAC’s Third South FL Multifamily
AMAC has closed a $67-million construction loan with Ocean Bank and broken ground on a 290-unit luxury multifamily in the… 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
Miami Manager Sells $38M Grocery-Anchored Center in Plantation
Sunrise, FL-based Miami Manager has completed the $38.4-million disposition of Plantation Marketplace, a 230,330-square-foot grocery-anchored shopping center in Plantation, FL.… Read more
The Confidante Miami Beach Sells for $232M to CA Buyers
Irvine, CA-based Sunstone Hotel Investors, Inc., has acquired the 339-room The Confidante Miami Beach hotel in Miami Beach, FL from… Read more
City of Miami Earns Nation’s First WELL Health-Safety Rating, Municipal Building Portfolio
The City of Miami has become the first city in the country to earn the WELL Health-Safety Rating for Facility… Read more
Iconic Equities, Leste Real Estate Form JV to Acquire $400M of IOS Facilities
Miami, FL-based Iconic Equities and Leste Real Estate U.S. have formed a joint venture backed by institutional capital to acquire… Read more
$22M Loan Lifts Undulating Mixed-Use Development in South Beach
Banesco USA has completed a construction loan in the amount of $22.3 million for development of a mixed-use project in… Read more
CushWake Rehires Mark Gilbert for Retail Capital Leadership Role
Cushman & Wakefield has appointed Mark Gilbert to the new role of retail capital markets leader, Americas, based in the… Read more
Expiration of “Go-Shop” Period Clears Path for Blackstone’s PS Business Parks Deal
PS Business Parks (PSB) said late Friday that the “go-shop” period specified in the merger agreement with affiliates of Blackstone… Read more