Palm Beach
Affinius Capital Originates $150M Loan for 1.8M-SF Industrial Portfolio
Affinius Capital LLC has originated a $150 million loan on a cross-collateralized industrial portfolio consisting of six Class A assets… Read more
U.S. Office Vacancies Reach Record High
An average of 19.6% of office space in major U.S. cities wasn’t leased as of fourth-quarter 2023, reported the Wall… Read more
Berkadia Aids in Selling, Financing S. Florida Beach Apartments
Berkadia oversaw the sale and financing of San Marco 1, a 156-unit vintage, garden-style apartment in Deerfield Beach, Florida. A… Read more
Citizens Private Bank Launches in New York
Citizens Financial Group, Inc. has rolled out Citizens Private Bank nationally in New York City, marking a significant step in… Read more
13th Floor to Begin Work on Age-Restricted Rentals
Miami-based 13th Floor Homes will soon break ground on an age-restricted rental villa community with the help of a $14.1… Read more
Examining the COVID-19 Population Migration
According to an August 2022 report issued by Brookings, “domestic out-migration . . . exerted an outsized demographic impact on… Read more
Marcus & Millichap Capital Arranges $3.25M Multifamily Palm Beach Refi
Marcus & Millichap Capital Corporation has arranged $3.25 million for the refinancing of The Pines located at 4605 Georgia Pines… Read more
Restaurant Tutto Mare Being Developed in Iconic Palm Beach Playhouse
The Royal Poinciana Plaza and WS Development have announced the future opening of Tutto Mare, Palm Beach’s first and only… Read more
American Street Capital Secures $41.6M for Florida MF Portfolio
American Street Capital (ASC) has arranged a $41.6 million loan for a five-property investment portfolio located in Palm Beach County,… Read more
iBorrow Continues Push into Florida with $42M Refi
Nationwide private direct lender iBorrow has closed a $41.6 million loan to refinance a portfolio of five properties in Palm… Read more
The Praedium Group Acquires Manor Lantana in Palm Beach
The Praedium Group has acquired Manor Lantana, a 348-unit, newly constructed, suburban multifamily property in Lantana, FL. Manor Lantana was… Read more
Industrial Park Approved for Former Racetrack Site
Palm Beach County Commissioners have unanimously approved the redevelopment plan for the 186.4-acre former site of Palm Beach International Speedway.… Read more
Massachusetts-Based WS Development and PGIM Real Estate Acquire The Avenue Viera in Florida
WS Development, a mixed-use developer based in Massachusetts, has partnered with PGIM Real Estate to manage and co-own The Avenue… Read more
Cushman & Wakefield Reps Both Side of $15M Palm Beach Office/Retail Transaction
2875 S Ocean Boulevard in Palm Beach, FL, a two-story mixed-use office/retail building, has traded hands for $15 million. The… Read more
Leaping Lease Growth Earns $39M Refi for Class A Office in West Palm Beach
JLL has arranged a $39-million refinancing for 625 Flagler, a Class A office building totaling 108,482 square feet in West… Read more
Lotus Capital Arranges $170M Loan for Final Golf Community in Palm Beach
Lotus Capital Partners, LLC, has arranged a four-tranche $170-million development financing package on behalf of Centaur Holdings for construction of… Read more
CS Ventures Pays $35M for Neighboring Office Buildings in Palm Beach
JLL has closed the $35 million sale of 340 & 350 Royal Palm Way, adjacent Class A office buildings totaling… Read more
Stonemont Launches Construction for Industrial Development in Fort Pierce
Stonemont Financial Group has broken ground on a new two-building, 1.3-million-square-foot speculative industrial development adjacent to Interstate 95 in Fort… Read more
Aries Arranges JV Equity for Multifamily at Milwaukee-Area MXU
Aries Capital arranged $21,875,000 of joint-venture equity on behalf of Cypress Equities for The Bayshore Residences, a $73,000,000, 311-unit luxury multifamily development located within… Read more