Miami
Ghitis Property Co. Acquires Beltline Apartments for $66M
Miami-based Ghitis Property Co. acquired Ayla on Krog, a 222-unit apartment property on the Atlanta Beltline Eastside Trail in Inman… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
Bal Harbour Expansion Lands $550M, One of Miami’s Largest Construction Loans Ever
Miami-based Whitman Family Development secured $550 million in financing for the expansion of the iconic Bal Harbour Shops, a 463,114-square-foot,… Read more
Nema Chicago Tower Lands $340M Refi Ahead of Completion
Crescent Heights, which is developing Chicago’s tallest apartment building, has refinanced the project with a $340-million loan months before completing… Read more
Transforming Parking Garages to Serve On-Demand Economy
Miami-based parking network REEF Technology has announced plans to transform parking lots and garages across the country into tech-forward hubs… Read more
Q&A: Why Office Demand Remains Strong in South Florida
By David Cohen Office leasing activity across South Florida remains robust in the early part of 2019 according to a… Read more
CGI Merchant Group Acquires Coral Gables Office Building for $54M
Miami-based CGI Merchant Group acquired 550 Biltmore, a 162,293-square-foot office building in Coral Gables for $54.4 million. The 16-story, pyramid-shaped… Read more
Bridge Development Hires Hirschl as South Florida Vice President
Bridge Development Partners hired Aaron Hirschl as Vice President of its South Florida office. Hirschl will be based out of… Read more
South Florida MF Headed for Oversupply? Q&A with Hunt Real Estate Capital’s Marc Suarez
South Florida’s multifamily market has continued to see a flurry of activity, with vacancies continuing at record lows despite an… Read more
Connect Apartments 2019: Healthy Outlook for the Multifamily Sector
By Ben Johnson Connect Apartments 2019 kicked off with a bang last week, as Michael Cohen, vice president advisory services… Read more
48 East is Now Natiivo Austin, an Airbnb Homeshare
Natiivo Austin, a concept launched by Airbnb and NGD Homesharing, is set for 48 East, a development situated in Austin’s… Read more
CPA Firm Moves to 600 Third and Single-Floor Offices
Accounting firm MBAF has leased an entire floor of 21,863 square feet at L&L Holding Company’s 600 Third Ave. The… Read more
DLC Capital Adds to Land Assemblage in Miami’s Edgewater
Colliers International has brokered the $3-million sale of an 11,550-square-foot land parcel in Miami’s Edgewater neighborhood. The site, which is… Read more
Miami’s Magic City Innovation District Gets First Tenants
Five business signed long-term leases totaling 18,650 square feet at the Magic City Innovation District (MCID) in Miami’s Little Haiti… Read more
Richman Group Purchases 55 Acres of Golf Course for Apartment Project in Boca Raton
Connecticut-based apartment developer Richman Group acquired 55 acres of the 98-acre Boca Dunes Gold & Country Club in Boca Raton… Read more
Related Group Purchases Apartment Community in Tampa for $26M
Miami-based Related Group acquired the Bay Oaks apartment community in Tampa’s Bayshore neighborhood for $26.2 million. Located at 3105 Bay… Read more
Miami Office Building Sells for $14M
Highland Park Center, a 44,740-square-foot office building in Miami’s Health District, has been sold by Key International and 13th Floor… Read more
Hunt Provides $42M Construction Loan for MF Development
Hunt Real Estate Capital provided a $42 million construction loan for the development of Boardwalk 280, a 280-unit apartment community… Read more
Berkadia Secures Acquisition Financing for 280-Unit MF in Lilburn
Berkadia’s JV Equity and Structured Capital Group in New York has secured financing for the acquisition of Park Crossing Apartments,… Read more