Miami
PGIM Signs $17M Worth of Leases in Coral Gables, FL
PGIM Real Estate signed leases totaling more than 40,000 square feet, and valued at a combined $16.5 million with Cosentino… Read more
Another Level of Municipal Intelligence
In February 2017, General Electric turned San Diego into a “smart city,”by adding cameras and sensors to 3,200 street lights.… Read more
Brookfield Fund to Pay $600M for First Core-Plus Deal
Brookfield Premier Real Estate Partners, a core-plus real estate fund managed by Brookfield Asset Management, is getting ready to close… Read more
Federal Investigation into Real Estate Money Laundering
The new condominiums on West 57th Street are so expensive, the area has earned the nickname “Billionaire’s Row.” These billionaires… Read more
Office Space Coming to Coconut Grove
Terra Group, in partnership with Mayfair Real Estate Advisors, will convert a parking garage into a mixed-use building in Coconut… Read more
YouRent Expands Services to Austin
YouRent, a short-term vacation rental provider headquartered in Miami, FL, entered the Austin, TX market. Additionally, the company is partnering… Read more
NYC Least Affordable City
Out of 20 leading U.S. cities, New York City is the least affordable, according to a new study by AppFolio.… Read more
Commissioners to $3B American Dream Miami: We Approve
Miami-Dade commissioners granted preliminary approval to a $3 billion retail theme park dubbed American Dream Miami. The commission granted Triple… Read more
Entercom Miami Inks 23K-SF Deal at The Citadel
Entercom Communications Corp., the fourth-largest radio broadcasting company in the United States, struck a deal with Urban Atlantic Group LLC… Read more
Xceligent Launches in South Florida
Xceligent, which provides building data and marketing metrics to the commercial real estate industry, has expanded into South Florida. The… Read more
Charter School Portfolio Sells for $72M
ESJ Capital Partners, headquartered in Florida, sold a five-charter-school portfolio to Charter School Capital of Portland, OR. The seller walked… Read more
The Taller Future for Industrial Warehouses?
Although there are millions of square feet of new construction being developed in the industrial sector, the vacancy rates nationwide… Read more
Primera Towers Portfolio Trades for $130M
Parmenter Realty Partners struck a deal with an ownership venture to acquire the 771,826-square-foot Primera Towers, a five-building, Class A… Read more
Adler Kawa Enters Austin with 297K-SF Buy
Adler Kawa Real Estate Advisors acquired Kramer 1-5 at Braker Center, a 296,781-square-foot light-industrial portfolio at 1825-1835 Kramer Lane. The… Read more
Meyers Group Finalizes Camino Real Buy
The Meyers Group of Miami, FL has completed its purchase of the 104-year-old Camino Real Hotel in downtown El Paso from… Read more
Despite Oil Slump, Apartment Investors Like Houston
Opportunistic apartment buyers are coming to Houston in search of good deals. According to Todd Marix with HFF, many of… Read more
Blackstone Pays $250M for Miami’s Flagler Station Stake
Blackstone acquired a 50% stake interest in Flagler Station, a Miami, FL industrial and office park owned by AEW. Blackstone… Read more
Miami’s Datran Center Trades for $150M
ABS Partners Real Estate and Acre Valley Real Estate Capital LLC joined forces to acquire the two-tower, 500,000-square-foot Datran Center… Read more
Capital One Provides $74M Loan to Manor CityPlace (FL) Developers
Capital One has provided a $74 million adjustable-rate loan to partners PGIM Real Estate (formerly Prudential Real Estate Investors) and… Read more