Partners Kastelo Development and 4TRO Development are launching sales for a Delray Beach townhome project, The Real Deal has learned. Casa Avenida at 102 Southeast
Category: Business
Related, Merrimac score $160M loan for Waldorf Astoria Residences Pompano Beach
The Pérez family’s Related Group and the Motwanis’ Merrimac Ventures secured a $160 million construction loan for their Waldorf Astoria Residences Pompano Beach condo development,
Homeowner fires legal torpedo at Barrington Brothers’ latest El Portal project
An El Portal homeowner is seeking to overturn the controversial approval of Barrington Brothers’ next multifamily project in the village. Jerilyn Kobrick sued El Portal
In $90M deal, Blackstone unloads another South Florida industrial property
Blackstone’s South Florida industrial sell-off is chugging along with the $90.2 million sale of three Miami-Dade warehouses. Including its latest divestiture, the New York-based investment
Alden Global-linked entity sells West Palm spec mansion for $17M
An entity linked to the investment firm Alden Global Capital sold a waterfront West Palm Beach spec mansion for $16.8 million after a year on
Redwood Dev Co scores $126M refi for 350-unit multifamily portfolio in north Miami-Dade
Redwood Dev Co scored a $126.3 million refinancing for a 350-unit multifamily portfolio in north Miami-Dade County. The deal comes as lending continues to flow
Broward weekly condo sales climb to $43M
Broward County’s condo sales and dollar volume rose in the last week of May. Brokers closed 127 condo sales totaling $43.4 million from May 23
CC Homes and Turnberry plan to build 151 houses in Davie
CC Homes and Turnberry are planning to launch sales this year and begin building The Estates by Turnberry, a gated community with 151 houses on
Genting sells piece of downtown Miami assemblage to Opportunity Zone fund partnership
Malaysian casino conglomerate Genting Group sold a piece of its downtown Miami land holdings. An affiliate of Kuala Lumpur-based Genting sold the 0.8-acre, six-parcel assemblage
Panattoni offloads former Miami Herald HQ at a loss for $26M
Panattoni Development is abandoning plans to redevelop the Miami Herald’s former home in Doral, selling the 9-acre site at a loss for $25.9 million. A