13th Floor Investments and Barings secured $125 million in financing for a Miami multifamily project that’s under construction. A syndicate of Santander Bank and TD
Category: Business
Movers & Shakers: Cushman retail veterans jump to Newmark
In the latest roundup of South Florida real estate hiring news, Newmark bulked up its retail leasing leadership. In Miami, two retail leasing veterans jumped
$18M Perigon Miami Beach condo tops signed contracts in Miami-Dade
A condo asking $18.4 million at Mast Capital’s Perigon Residences in Miami Beach led last week’s signed contracts report. Buyers signed 14 contracts for luxury
Simi Capital pumps up South Florida industrial portfolio with $31M acquisition
Simi Capital added a fifth property to its South Florida industrial portfolio, paying $31 million for a Medley warehouse. Based in New York and Bay
Lease roundup: Lululemon and Shake Shack coming to Dania Pointe, Ocean Bank moves a Miami-Dade branch
Shake Shack, Face Foundriė, more | Dania Beach Kimco Realty landed four new retailers at its Dania Pointe mixed-use development in Dania Beach. Shake Shack
Beacon Hill plans 112-unit Live Local Act project in Princeton
Beacon Hill Property Group will start construction of a 112-unit Live Local Act complex in Princeton, marking one of the first Miami-Dade County projects under
The Weekly Dirt: Why Miami condo developers are again courting crypto buyers
Miami developers are dipping their toes back into the crypto buyer pool, nearly three years after the collapse of the cryptocurrency exchange FTX. Bitcoin buyers
Related nabs $231M construction loan for Pininfarina condo project in Fort Lauderdale
Related Group secured a $230.8 million construction loan for Andare Residences, a Pininfarina-designed luxury condo project in Fort Lauderdale. Coconut Grove-based Related, led by Jorge
Prime delivery: EQT pays $55M for two Broward industrial facilities
EQT Real Estate picked up a pair of Broward industrial sites, including an Amazon distribution center, for a combined $55.3 million. In Deerfield Beach, Radnor,
South Florida residential sales plunge in April, as inventory surges
Residential sales and dollar volume dropped across South Florida last month, as the slowdown continues in the tri-country region. Combined dollar volume in Miami-Dade, Broward