Asi Cymbal scored a $114 million refinancing for a 341-unit Live Local Act apartment complex in Miami Gardens, as loans keep flowing in South Florida.
Category: Business
Baywood, Dolphin Capital score $36M loan for Wynwood’s Moxy hotel, as they bring in new partner
When DolphinBay Hospitality sold a majority stake in the Moxy Miami Wynwood hotel recently, the joint venture also secured $35.5 million in new financing. DolphinBay
Presidential Place closing tops Palm Beach County weekly condo sales
Palm Beach County’s condo sales and dollar volume dropped in the first week of February. Brokers closed 70 condo sales totaling $35.3 million from Feb.
Checking in: Hospitality mogul buys Venetian Islands spec home for $19M
Hospitality mogul Nick Patel bought a waterfront spec home on Miami’s Venetian Islands from developer Pascal Nicolai for $19.4 million. Records show Patel’s Kalyan Miami
Calta lands $54M construction loan for Hollywood apartments, amid South Florida multifamily supply overhang
The Caltagirone brothers’ Calta Group scored a $53.7 million construction loan for a pair of Hollywood apartment projects with a total of 251 units. The
$24M Bay Point home tops signed contracts report in Miami-Dade
A waterfront Bay Point house asking $24 million topped last week’s signed contracts report in Miami-Dade County. Sixteen contracts were marked in the Multiple Listing
Equinox preleases 31K sf at Oak Row’s Edgewater project, as it expands in South Florida
Equinox will open at one of Oak Row Equities’ mixed-use multifamily projects in Miami’s Edgewater, as it expands in South Florida, The Real Deal has
Marathon Asset Management CEO buys Palm Beach lot for $20M
Marathon Asset Management CEO Bruce Richards bought a non-waterfront lot in Palm Beach for $19.5 million, adjacent to President Donald Trump’s Mar-a-Lago Club and several
Surf Club Four Seasons closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales and dollar volume fell in the first week of February. Brokers closed 84 condo sales totaling $67.6 million from Feb. 2
De la Vegas sued by family of UM student killed in crash
One Sotheby’s International Realty President Daniel de la Vega and his wife, Veronica Bilbao de la Vega, were sued by the family of Daniel Bishop,