Miami
Product is Scarce for Prominent Sub-Asset Class SFR
Financing was recently arranged for the acquisition of Urbana at Plum Creek, a 144-unit single-family built-to-rent community in Kyle. The… Read more
Terreno Realty Drawn to DC Metro Industrial Assets to the Tune of $73M
Terreno Realty Corporation has acquired industrial properties in Alexandria, VA and Bladensburg, MD for a total of $72.7 million. The… Read more
Aztec Group Arranges $289M in Debt Financing for Miami’s Downtown 5th
Aztec Group’s Peter Mekras has arranged $247.5 million in debt financing for Downtown 5th in Miami on behalf of owner/developer… Read more
Divaris Real Estate Brokers Double $4M Sales of VA Office Buildings
Virginia Beach-based Divaris Real Estate, Inc., has brokered the disposition of two VA office properties: *The company represented seller Manan… Read more
$185M Riverside Wharf Hospitality, Entertainment Development Headed to Miami
MV Real Estate Holdings and Driftwood Capital have announced plans for the development of Riverside Wharf, a hospitality-driven entertainment complex… Read more
Boutique Residential High-Rise in Miami’s Wynwood Trades Hands
Berkadia has arranged the sale and financing of Wynwood Bay, a 156-unit residential high-rise located in the Wynwood submarket of… Read more
With Emerging Energy Sources Come Emerging Energy Hubs
As renewables and alternative sources grow their share in the mix of total energy production, new real estate hub markets… Read more
Trion Plans Renewal for Carmichael’s ReNew After $46M Buy
ReNew Carmichael, a 197-unit apartment community located in Carmichael, recently sold in an off-market transaction, according to Cushman & Wakefield.… Read more
Silverstein Provides FL’s Third Largest Construction Loan for Miami Project
Royal Palm Companies, the developer of Legacy Hotel & Residences in downtown Miami, has closed on a $340-million construction loan… Read more
Food-Oriented Residential, Hospitality Tower to be Miami’s Tallest Skyscraper
Major Food Group and JDS Development Group have joined forces to to conceive, build, and operate MAJOR., a residential-hospitality tower located at 888… Read more
$174M Purchase of EAST Miami Hotel Makes Use of $120M Loan by CBRE
CBRE has arranged a $120.1 million loan for the $174 million purchase of the EAST Miami hotel to a joint… Read more
Legends Lakeline Snags $41M Bridge Loan for its Acquisition
A $41.2 million proprietary bridge loan was recently provided to fund the acquisition and renovation of Legends Lakeline, a 222-unit… Read more
NRI Raises $33M of Equity Via CrowdStreet for THesis Miami Recap
Nolan Reynolds International affiliate NRI Real Token, Inc., has recapitalized THesis Miami, a newly constructed $245-million, 770,000-square-foot mixed-used development across… Read more
Crystal Cove Commons Foretells a New Future with $36M Sale
Black Lion has sold Crystal Cove Commons, a retail center encompassing more than 120,474 square feet in North Palm Beach,… Read more
Aventura Development Underway with $84M Refinancing by Colliers
Colliers has closed on an $83.8-million refinancing of a mixed-use development, 1212 Aventura, consisting of 163-units of luxury assisted living, 29,684… Read more
JV to Develop $85M Residential Community on North Miami Waterfront
Billionaire real estate mogul Teddy Sagi, Related Group and BH Group are planning a $85-million redevelopment of a waterfront site… Read more
Lease Prompts Miami Mayor to Declare City as “Capitol of Capital”
Cushman & Wakefield has arranged a new long-term lease for a 24,000-square-foot space in 701 Brickell with Apollo Capital Management,… Read more
3650 REIT Adds $575M in Commitments to Now $1.35B BED Platform
Miami-based 3650 REIT has closed $575 million in institutional capital commitments to its bridge- and event-driven investment vehicle. The commitments… Read more
Meridian Lines Up $77M Construction Loan on Miami Luxury Rentals
Meridian Capital Group arranged $77.1 million in construction financing on behalf of Alta Developers for the ground-up development of CREST… Read more