Miami
Treasury Expands Shell Company All-Cash Deal Program to CA
The U.S. Treasury Department is expanding a program to California deemed successful in Manhattan and Miami that tracks real estate purchases by shell companies.… Read more
Lennar Sells IL-Based Tapestry Apartments for $73M
Lennar Multifamily Communities sold a 298-unit apartment property, Tapestry, to Stockbridge Capital Group, a San Francisco investment firm. Seller Lennar… Read more
Panama Canal $5.4B Expansion: Ready for Business
The nine-year, $5.4-billion Panama Canal expansion project is complete. The expansion is anticipated to increase Eastern U.S. port business by 10%… Read more
Hilti Re-Ups, Inks Renewal at FL Prologis Property
Lichtenstein-headquartered Hilti retained its presence in Florida by renewing a 23,390-square-foot industrial space at Prologis Seneca Park. Hilti houses warehousing… Read more
Parking-Focused REIT Explores Stock Listing
San Diego-based MVP REIT Inc. and MVP REIT II Inc. are exploring a potential stock offering and capital raises. The… Read more
52-Story Ultra-Lux Ritz-Carlton Residences Breaks Ground
Ritz-Carlton Residences, Sunny Isles Beach, a 52-story oceanfront tower that is setting record sales prices in Miami, broke ground this… Read more
Historic Art Deco Building Hits Miami’s Market
The historic Walgreens Building, an Art Deco property in downtown Miami, just hit the market and is being positioned as a… Read more
Mid-Year Report Card: Economic Down-Shift and Recession?
By Dennis Kaiser Connect Los Angeles brought together nearly 500 CRE leaders last week for an information-packed conference in DTLA.… Read more
Pebblebrook Hotel’s Dispositions Total $114M
Pebblebrook Hotel Trust, based in Bethesda, MD, has closed on the separate sales of Viceroy Miami in Miami, Florida for… Read more
Dividend Capital Pays $66M for Florida Retail Center
Denver-based Dividend Capital Diversified Property Fund acquired the 82,000-square-foot Suniland Shopping Center in Pinecrest, FL. The buyer paid $66.5 million… Read more
JLL: Innovations in Customer Interaction Drive Retail
Connect Media joins the throng of attendees who’ve gathered in Las Vegas this week for the International Council of Shopping Centers’… Read more
DRA Advisors Sells off Five-Building Miami Portfolio
DRA Advisors LLC has struck a deal with Ivy Realty to sell its five-building office portfolio in Miami’s Waterford at… Read more
Moms & Millennials: Multigenerational Housing On the Rise
By: Daniella Soloway With Mother’s Day right around the corner, more millennials will be right at home to show their… Read more
Cushman & Wakefield Boosts FL Presence with Gibson Realty Acquisition
Cushman & Wakefield has acquired GVR Realty Group d/b/a Gibson Realty Group. Gibson Realty, a commercial real estate management firm,… Read more
Latin American Center Plans Move to Four Seasons Tower
HSBC has signed an 8,000-square-foot lease to relocate its Latin American International Center to Four Seasons Tower at 1441 Brickell… Read more
CREXi Taps Former Blackstone Exec, Opens Miami Office
Online commercial real estate marketplace CREXi has hung a shingle in Miami, FL. Eli Randel, formerly with Blackstone Invitation Homes,… Read more
NYC’s Hunt Provides $35M MF Loans in Florida
Hunt Mortgage Group, headquartered in New York City, has provided loans totaling $35.3 million for Florida multifamily properties. Four of… Read more
North American Title Opens CRE Office in Salt Lake
Miami, FL-based North American Title (NAT) has opened a commercial real estate-only office in Salt Lake City’s Wells Fargo Center,… Read more